Is it possible to create a dvd like menu for divx/xvid files which will be viewable on a standalone divx dvd player?
.divx files, yes. .xvid no, since it would just be a raw video stream. The player would need to have DivX Utra certication though. Think I got that right anyway. Other players tend to support multiple audio streams and xsubs only. Best you will do on such players is the standard file browser. Shouldn't be any reason why you can't have XviD in a divx media file though.