I assume you mean stand alone [player, and unfortunately if it doesnt say SVCD on it, i doubt it will play it.
SVCD, when from a good source, makes excellent recordings... the resolution is noticabley higher, thru a TV the quality is almost DVD like. I would go with SVCD anyday over VCD.
There is a possibility of playing SVCD on VCD only players by using a SVCD / VCD hack trick by encoding the video as a non-standard VCD. obviously this reduces compatability for other players, but if it works on yours its worth a shot. A lot of hassle tho
There is a decent cheap standalone SVCD player available for under £100, the name escapes me. Theres always some dude selling the on ebay... dont get them from him tho cos there is an online shop selling them a bit cheaper with free delivery

I have considered it, but seeing as i can play them thru my PC onto my TV, i cant really justify it.