From SVP Team:
SVP allows you to watch any video on your PC file with frame interpolation (like you can watch it on high-end TVs and projectors). It increases frame rate by generating intermediate animation frames between existing ones to produce very smooth, fluid and clear motion. SVP provides GPU acceleration and it’s possible to watch FullHD 1080p-video recalculated to 60Hz in real-time with mid-range CPU and GPU hardware. Features include SVP Manager and core plugins, includes Avisynth, ffdShow, LAV Filters, Haali, madVR, VCRedist, and ReClock, MPC-HC video player, and SVPtube.