So I watched this video
One of the comments was talking about how cool it would be to have it as a wallpaper.
Attachment 6668
I eventually found these instructions on how to do so.
Except VLC didn't have this feature, at all. After an hour of messing with the settings to no avail, I found out via a changelog that the feature was removed in version 2.0.0
After going through another trek just to find the darn thing...
I finally managed to install le epic wallpaper.
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Why did I post this seemingly useless post?
To post-farm
So that anyone else interested would be able to have a much easier time setting any video as their wallpaper.
(It's totally worth it.)
EDIT: You can have the video with or without sound, using VLC.
EDIT 2: You can also have a playlist of videos, or loop one.
Along with that, this takes very little memory and processing power.