VLC play bar always visible in Precise

As the screenshot shows, the play bar is ALWAYS visible on top of other windows when VLC is open. The bar itself is functionless and mouse clicks pass through it as if it isn't there, so this purely a visual thing.

This never happened in Natty.

The only way to get rid of it is to close VLC, which isn't what I want to do when pausing a video.

Hiding VLC in the taskbar has no effect either.

ProblemType: Bug
DistroRelease: Ubuntu 12.04
Package: vlc 2.0.1-4
ProcVersionSignature: Ubuntu 3.2.0-26.41-generic 3.2.19
Uname: Linux 3.2.0-26-generic x86_64
NonfreeKernelModules: fglrx wl
ApportVersion: 2.0.1-0ubuntu8
Architecture: amd64
Date: Thu Jul 5 17:55:37 2012
InstallationMedia: Ubuntu 11.04 "Natty Narwhal" - Release amd64 (20110427.1)
ProcEnviron:
 LANGUAGE=en_GB:en
 TERM=xterm
 PATH=(custom, user)
 LANG=en_GB.UTF-8
 SHELL=/bin/bash
SourcePackage: vlc
UpgradeStatus: Upgraded to precise on 2012-06-26 (9 days ago)