Yes, you can expoert to any format. The project setting should match your project material as closly as possible, this helps with scrubbing, previewing etc, but once the project is complete you can render to DVD just fine.
OK great. So can you recommend the best export settings to achieve good DVD? As I mentioned, I tried MPEG-2 DVD w/ frame rate 29.97, and the playback disc is jiggily.
Keep the same export settings, changing only the frame rate from the incorrect 29.97 to the correct 23.976.
I have only done this a few times but the following setting worked fine for me.
Format - MPEG-2 DVD
Preset - NTSC - High Quality - Assuming you are in the US.
But I agree with Jim, you need to change the frame.
Thx very much gentlemen! I changed the frame rate, and changed from progressive to interlaced, and the resulting DVD was perfect.