I haven't added any VLC PPA's and I have no clue how to solve this problem.
If it's not possible to downgrade VLC, Running VLC in a portable mode is sufficient for me. I need the older version only for compatibility with a particular Android app.
AMD PhenomX4, 2GiB RAM, GeForce6100PM-M2 V2.0
If my description of the problem is incomplete, Please point me to what information do you need.