ModPlug is very good indeed. It's advantage over WinAmp is the ability to loop modules infinitely, without pauses, as they were meant to be played.

I only wish it had a better user interface (like WinAmp's ZXCVB, L to open etc.) and that it gave me the option to turn certain channels/modules on/off, like Cubic Player does.

Maybe there are plugins that would enable such features?