While it's commendable that VLC would make that push for a big cross-platform release, the Android side is still dismal compared to their desktop counterpart. The Android app is still limited in what devices is able to install it (can be installed on my now-dead Nexus 7 2013). A quick glance at the Google Play Store page revealed that it cannot be installed on my Nexus 6, 2012 Nexus 7, or my Samsung Galaxy S3, the latter two can play 720p videos to some extent.
This isn't a big release. So whoever thought that this is a big major release must be smoking some good stuff. VLC on Android is still miles away from being a good media player.