I'm all for funding 40k pounds (~65k USD) for VLC (they deserve it), but 40k under the guise of Metro seems a bit much, no?
What makes it worth that money, and that people will pay for it, is that VLC is the hard work of all the _previous_ developers.
So while I'm all for giving people money to make an open source project advance, I feel a little wrong about this very one.