I wonder what the aim is. Trying to get relevant again? I haven't used Winamp in many many years. I'm a Spotify / YouTube kind of guy now. I drank the koolaid. It's a little late and things like VLC have a pretty solid offering now, without all gotchas that this will have (such as you apparently can't call it Winamp and will have to sign away a sacrificial child to actually get the code)
VLC is a video player. While it of course can play audio files, it is not intended for managing a library of them like winamp. I do agree that they've missed the boat though. I still buy CD's and actually have a digital library of music that I own. As such, I never stopped using winamp. But I don't know a single other person in real life that doesn't just use a streaming service for their music.