Audacious is my favorite music player and it still supports the old winamp skins for those feeling nostalgic. It does tagging fine, not sure if there is a lyrics plugin but it does support tons of codecs and net radio streaming.

I found this completely maddening when I had a folder full of random videos with various codecs. I had a video player installed that could handle all of them but half of them would open in one video player, a few in another and the rest tried to open in a web browser and failed.

What that needs is a smoke animation that starts as soon as your core temps get too high.