Long story short: My preferred and perfect method to watch anything, is through Media Player Classic, specially since it offers such great subtitle/audio tracks customization and it's the perfect player with the most responsive and simplest commands/UI in my humble opinion, plus it's already configured to work perfectly with my audio/TV setup.
That said, I've been out of a laptop to call my own for a long time, and I've recently moved houses, not being able to bring the laptop I was using with me. Thanks to the moving and the endless list of expenses and things I need to buy for the new house, I'm far away from being able to buy my laptop, while I have a perfectly good TV that I can't use for other than PS4 games and PS4's crappy media player, which by the way, has a terribly low audio that I can't amp up no matter what device I'm using, be it headphones or earphones.
That leaves me with the cheapest option that I didn't even knew existed, the miracle that are Android Boxes, for my TV. One would make a good replacement for a laptop as a media player for the time being, but I'm afraid I might be wasting my money if it can't do what I need it to do.
A quick Google search showed me that, despite not having Media Player Classic - Home Cinema, as it's a Windows-only application, one can still emulate Windows itself on an Android Box.
So, here's my questions:
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Can an Android Box reliably emulate Windows 10 and run MKV/MP4 1080p files on MPC-HC while emulating?
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Does it have an audio jack to connect headphones with?
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If emulating Windows and running DS4Windows, does it support a connected PS4/Dualshock 4 controller connected via USB cable, so I can just plug my controller with my 3 meter USB cable and plug my headphones into the controller so I can control Windows and listen to the headphone audio via the controller like I do in an actual laptop? Would the audio quality be accurate to an actual windows experience?
No to all three points. Media Player Classic Home Cinema is a good media player (I use it as well) but it's simply not available for *nix or Android. VLC, MX Player Pro, or even Kodi are going to be your friend.
Some of them do have audio jacks, but they're designed to be connected to a TV via HDMI, so the ones with audio jacks are unusual and generally have very poor specs / software.
If you want a gamepad with an audio jack, get a Shield TV and controller.