VCD Cutter Pro does not only cut VCD clips but provides a host of exciting video tools.
Firstly, it can play your movie and audio files in a cool-looking window. Among the file formats supported are AVI, QuickTime, MPG, WMV, WAV, MP2, MP3 and even image files like JPG, BMP, GIF and TGA.
If you wish to play a VCD you would just have to insert it in your optical drive and choose Open VCD from the File menu.
This program for Windows, however, does not support the full screen mode in the trial version. You would have to fork out $10 to get that mode activated.