You are right in some sense, but the moment you make Backups (not exports in to avi or asf) with DViewCam 3.11, it does include the player in the set. This results in a stand-alone high-quality data-set, including player. The Playback.exe has some good features (along with some less appealing ones), like video-enhancement, after-the-fact export to avi/asf and video-snapshots/freeze-shots...
There are some drawbacks of using DViewCam as your monitoring tool, but for performance-reasons a proprietary storage/format has been chosen. I have not seen any other monitoring-software reach the same throughput and bandwidth, with the functionality offered...
But those are my personal $0.02...