MiniLyrics

How would you like to be able to see your song lyrics on-screen in step with your music? Minilyrics is an add-on for a wide range of popular music players that downloads and displays lyrics, and synchronizes them to the music.
Supported music players include: Winamp, Windows Media Player, iTunes, MediaMonkey, Songbird, AIMP2, J. River Media Jukebox, Quintessential Player, XMPlay, VLC, and MusicBee, to name but a few.
Note that while MiniLyrics is technically paid software, it provides a trial version that never expires.
Here are some notes on this one:

Skins: offers a host of built in skins. Check out the
Installation: in most cases, it will install as an add-on or plugin automatically. Some manual setting-up is required for a handful of players (e.g. VLC, XMPlay).
Lyrics: can be saved into the MP3 file, and edited. You can use your own search string to search for lyrics, if necessary, although I have not had to do so. Scrolling lyrics are only supported for .LRC format lyrics, not .TXT. If you are given a choice, choose the former. Also note that the up/down arrows will let you scroll manually.
Display: is customizable� stay on top window, karoake style �word highlighting�, �lyric bar� where only the current line is shown, and �floating lyrics� that blend into the desktop (and look really cool), etc.
Nag �line�: as opposed to a nag screen. It really doesn�t look that bad though (see the orange line in the screenshot to the right), and you can close/remove it after a few seconds. (Note that the trial version if fully functional and never expires).
Memory Usage: a very small 9 megs or so.

The verdict: Lyrics can really transform your music experience, and having them live on screen and interactive is so much nicer that, say, Googling them.
But what�s even better is that not only does this do a great job, but this software is also quite light on resources. Check it out for yourself!
[Thanks for reader Panzer for tipping me off about this software]
Version tested: 7.1.778
Compatibility: Windows XP, Vista or Windows 7

Download full version (click below) :