I wuold suggest you is to make a VCD, which you can play, from the SVCD you have: 1) if you have a disc or a disc image, extract the AVSEQ01.MPG file (the movie) and convert it to a 'true mpeg' with VCDGear (mpeg --> mpeg from the D:\MPEG2\ directory if you have a disc or cue/bin --> mpeg if you have an image) 2) convert 'true' the MPEG-2 (SVCD) file to a MPEG-1 (VCD) with TMPGenc Plus or TMPGenc + M2V plugin (see the guide http://www.afterdawn.com/guides/archive/svcd_to_vcd_from_cds.cfm) 3) join 2 files (e.g. CD1 and CD2), if the SVCD contained a movie split in 2 CDs with TMPGenc___MPEG Tools____Merge & Cut (type: MPEG-1 Video-CD) 4) make a brand new VCD with VCDGear and the mpeg-1 file you just made (mpeg-1 --> VCD cue/bin ---> burn into a VCD)
how about burning it as a dvd. no reencode is necessary. just demux the mpeg2 stream and burn as dvd. or as stardust said. its already cheap.