AIMP is very nice audio player which support a many audio formats such as MP3, WMA, OGG, WAV, OGG etc. You can quickly manage your playlists, add plugins and skins. AIMP is an all in one utility which will let you convert your favourite audio files, record sounds and rip audio files. It has a 18 bands equalizer and sound effects inside the player to give you the best experience ever in listening music. The installation is very simple and doesn't require too much system resources.
18 bands equalizer with effects (Chorus, flanger, echo and reverb)
Online radio browser
Audio ripping and converter
Crystal-clear sound technology
Compatible with 32/64 bit, Windows XP/Vista/7/8 platforms
Requires DirectX 8.1 or above.
No drag and drop option on playlist.