Workin' is 100% correct.
There is not really much difference playing DVD's from my PC onto a 53" TV than the table top DVD player I have. I even had over 65' of RCA cable instead of svideo cable, at one time. Not much of a difference. Now using X10 DVD Anywhere 2.4GHz wireless transmitter/receiver system, ($50), and get great results. The only reason I use the tabletop DVD player is that it is easier for the wife to use. Results for you should be at the least 85% DVD quality, and 10x better than VHS quality.
If you are looking at used, TView Gold is what I'm currently using, but costs around $199 new. Resolutions of 1600x1280 @ 152Hz, with ton's of extra features, make it a good deal if you can get one for under $100 used. Pd $70 for mine, so you can do it..