Theoretically MPC-HC's internal renderers do that, too. But my users report that madVR still does it better than any other renderer. Furthermore some madVR users have CRTs with high refresh rates (e.g. 120Hz) and only madVR achieves smooth playback in that situation, according to what my users report.That is already done by MP's own custom EVR renderer when A/V clocks match 1:1.
On my own HTPC with integrated NVidia 9400 GPU, I'm only getting smooth playback with madVR, when playing 25fps movies @ 50Hz. All other renderers I've tried so far fail miserably.
Have you tried MP 1.2.0 beta ?
Tony