http://www.neowin.net/forum/index.php?showtopic=558528
CODE
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Windows Registry Editor Version 5.00
[HKEY_CLASSES_ROOT/rtsp]
@="URL:RealTime Streaming Protocol"
"URL Protocol"=""
[HKEY_CLASSES_ROOT/rtsp/shell/open/command]
@="/"C://Program Files//Media Player Classic//mplayerc.exe/" /"%1/""
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copy & paste it into notepad. save as whatever.reg, then double click the file.
The last two line are not needed. Firefox will let user choose the application.