I suggest checking out Oppo DVD players at :
for great pricing (this model is $169!), with PAL/NTSC universal format capability, upconverting for high resolution TVs, etc. etc. Really, they are excellent machines, great audio too for CD's, but for your purpose, most importantly they handle PAL format DVDs. (see the "product comparison" link within the site on the right side of the window and look over the capabilities -- lots of technical jargon, but maybe you can find a translator friend, Caslon.
Good luck --