Just downloaded and installed Winamp 3 on my PC, and I think it's great, personally, the addition of the cross fader and the transparency have finished off a near perfect application. Doesn't take to many resources and looks good and works well.
there was a discussion about it not that long ago, so if u do a search u'l find it. and i think winamp 3 is not that great. no jump to song shortcut, some other problems, also why do they need that video thing at all?
actually, there IS a song jump command. dont forget that Winamp 3 has been completely rewritten from ground up. to song jump press F3. read the documentation before you criticize something you have little exprerience with!