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Read the readme...
I just exported a TyStream to SVCD and then burned it with
Nero no problem.

Set the Export to SVCD/41000 and it works GREAT.
The 480x480 concerned me but when I played it on my TV it
looked beautiful.
I've also used Generic/No Transcode and loaded this in
VirtualDub-Mpeg2 and using a deinterlace filter and a resize
filter (640x480) converted to DivX with no trouble and it looks
GREAT.
Finally I exported DVD/AC3 (again read the readme) and drug
it into one of my DVD mastering programs (not sure which I'll
have to get back to you on that), and although it did a
ReEncode on it, the resulting DVD was flawless.

This is a GODSEND! A little temperamental but great!