That ebay unit doesn't look like it does what you want. I saw a Technics unit in Crutchfield a while back, but they don't seem to carry it anymore. I found it refurbished here for $79. At that price, I would personally buy a new DVD player with a built-in decoder.

While searching for the Technics, I also came across the Sony SDP-EP9ES which also seems to do what you want. There is one on eBay right now.
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-Rob Riccardelli
80GB 16MB MK2 090000736