What I am looking for is a free and open source solution. If the distro I use matters, it is Open SUSE. VLC supports only WMV1&2.
Look up DLNA. I don't know what packages on OpenSUSE would provide it, but it's your best bet. Under Ubuntu, DLNA is provided by the package Rygel (although there is a plug in for Rhythmbox called Coherence).