You're both right.
For all DirectShow filters, BSplayer can show the properties *if* the filter has been registered (by regsvr32.exe). If not, BSplayer is able to load it from it's .\filters subdir and informs you in the movie's menu\properties it's loaded, but the player can't call the filter property sheet.
That's the case when you run a fully featured autorun CD containing a self sufficiant BSPlayer on a newly installed machine, without DivX, nor Vorbis, nor WinDVD, nor Dedynamic, nor VobSub, nor...
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