The best picture I have ever seen on a Video CD is the Hong Kong release of the Chinese film "Hero" (Zhang Yimou) when it came out.
It looked really really good for a VCD! I had a digital copy of it for years but somehow lost it
I spent a lot of time with this format in Hong Kong/Macau 20 years ago! Back there were many shops to rent films. If I remember correctly
a DVD was twice as expensive to rent than a VCD and since we were watching the films on a small TV back then the VCDs were kind of
acceptable even though DVDs looked much better even on a small old National TV made in Japan.