The first version of Video Elements was released over two years ago and has been running strong ever since. While there aren’t any visual changes in version 2.5, I think most users will be happy with the functionality improvements that have been made on the back end.
New Theme Features
Starting with new WordPress 3.0 functionality, Video Elements 2.5 is now compatible with the new WP custom menus feature which allows you to take total control over your menus. Also, WordPress post thumbnails make it even easier to add, edit and manage thumbnails for posts and pages. Video Elements has also been updated with the new Press75.com “Simple Panel” 2.0 theme options page which allows you to more efficiently manage your theme options. Last but not least, Video Elements 2.5 includes additional customization options, improved “Instant View” options for Videos and much more. Have a look at the new video tour for a detailed look at Video Elements 2.5.

Would this theme support a gallery within a post?
It could with the proper 3rd party plugin.
Video elements is a step in the correct direction.
Glad you like it.