See my blogposts on LGPL relicensing of VLC engine http://www.jbkempf.com/blog/post/2012/I-did-it
Note that the relicensing was not done for the iOS port.
And the app above the VLC engine is dual licensed GPLv2/MPLv2
Note that the relicensing was not done for the iOS port.
And the app above the VLC engine is dual licensed GPLv2/MPLv2
The LGPLv2 still contains a clause which prevents you from adding additional restrictions, which Apple do in their policy. (10: ... You may not impose any further restrictions on the recipients' exercise of the rights granted herein. )
I believe, even if you compile from source, you still have additional restrictions placed on you, as Apple's policy for example, restricts you from putting the app on any more than 5 devices.