Yes, yes yes! It is the most comprehensive, versatile and ubiquitous music player ever and it is still free.
For those of us who like our music this is absolutely the best news. The mavericks of Nullsoft who started the whole thing off flogged it to AoL and there was a clash of ideologies. Winamp was a free project, anyone could get hold of it. Developers could produce plug-ins and Nullsoft would adopt and protect them. AoL, on the other hand, wanted to make money out of Winamp and that was always going to be tough. The few things their team could add did not make it worth buying when the last free version had just about everything. Then it began to become bloatware and we all left. However, rather than letting it drift back to the to its original idea AoL decided to kill it. Thankfully it has been saved by Radionomy.
The new version is 5666 and comes with a lot of the old plug-ins embedded, and at a 9.85MB download it is quite small. It will be a long time before it needs any new plugin work and unlike the bloatfest it had become it is pretty light on resources. The one big thing it has over recent rivals is the sophistication with the way it works. A lot of work went into making it do things seamlessly for its users and that is still there. Many other music players have a long way to go on that count.
If you like music and want a player that works out of the box and is simple to get to know, give Winamp a try. You will not be disappointed. Download - install - play.