Does CD32 support VCD and SVCD?
VCD 1.1 and 2.0 yes, SVCD no.
If you can get a FMV card it plays VCDs great but as saying that you can buy a DVD player what will play DVD/VCD/SVCD/MP3/CDDA/CD-R/CD-RW/DVD-R/DVCD for very cheap these days (60 UKP).
I recently sold a FMV cart to someone for 50 UKP and got the above DVD player last week and what a cracking player it is.