The VLC media player has been updated on Linux Mint 13, I just ran sudo apt-get dist-upgrade and the new version of the VLC player was pushed out to me. The V4L part of the player has been fixed in the VLC media player 2.0.3 Twoflower release, you can now select the input if you have multiple inputs on your capture card, this used to work before and it is good that this bug has been fixed. This is for Linux Mint 13, other distributions should get this fix soon.
Now I can use the inputs on my card for something useful.