This extension has a LOT of potential. Once you set everything up (take a few minutes, but its completely fine) its pretty easy to use, jsut launch VLC and click on the icon.
It is missing a few features, the biggest one for me being a quality selector of some kind, but I can definitely pardon it for the simple fact that its in beta.
If you have good internet, I can fully recommend it, its fast, its simple, its easy and it does its purpose very well. I am personally gonna keep it, but only start using it when some more features are added, adios!