To start a project with Vlc.DotNet, download & install VLC media player. You don’t need to add the files (libvlc.dll, libvlccore.dll) in the output compilation
directory, you have to set the "VlcContext.LibVlcDllsPath" property , "VlcContext.LibVlcPluginsPath" property of the VlcContext and initialize it.
See : C# Form example & Wpf example.
To use the WPF control you must use the nightly build of VideoLan because you must use version >= 1.2 of it and it hasn't rolled out of production yet.
New documentation is now in progress, should be up soon.