Video 2 Live Wallpaper is a free and easy-to-use app for Windows to play/set videos as live desktop wallpapers. Simply drag a video into the app window and click "Make Wallpaper" or press the Shift + F hotkey. That's it!

Additional Features (optional toggles):

• Image wallpapers.
  

• Audio playback (from video).

• Live spectrum visualizer -> pickup any audio playing on the computer.

• Live system/hardware info -> print current CPU/GPU/memory stats.

• Interactive date-time label.