I have previously removed a troublesome player and begun looking for a suitable replacement, and this little giant just blows me away! Even before downloading it, I already had a list of audio links in a Text Widget...and all I had to do to get this player working right there where I wanted it was to download and activate it. Each of my audios now has its own play/pause (slider) button, all the colors inside the widget match my theme, you can switch from one audio to another and the first will hold its place...and I suspect this little gem has yet even more to be discovered!
It doesn't work on Firefox 17.0.1
Oops, I just discovered that myself, but I bet that is easier to fix than trying to get other players working in IE8.