Yes, DVD players usually do play CDs, but I was more concerned about the TV hookup. With my set up I have separate speakers and a receiver to play the CDs. Not sure about it just hooked up directly to the TV. I guess it would just work the same as the DVD but with a scratchy picture?
Like your countdown on TLOTR - ROTK! Can't wait, just watched FOTR again this weekend and waiting to buy the extended edition of TTT in Nov.