Come on damiandimitri - judging on the questions from shelloz its not very likely hes going to produce svcd with ac3 sound for a very very long time as this requires alot of experience and knowledge and tools.
Basically NO - you will not have surround sound and you will not have menus and extras and selective languages and so on. You will simply just have a movie with a 2channel stereo sound. Creating svcd in descent quality requires 2-3 cd-r, creating dvd on dvd-r only requires 1 dvd-r, so even if a blank dvd-r cost a litle more than a blank cd-r the difference is almost none.
Creating a dvd with the tools today is much easier and faster than creating a good svcd.
A burner is about 200$ - but its an investment you wont regret.
The days of vcd and svcd on cd-r are long gone