I just got PDVD10 Mark II to play Blu Ray 3D disks in 3D without nvidias 3D vision or 3DTV play. From a freshly installed win 7, I installed the nvidia CD 1.38 3D vision using express install, but never plugged in my nvidia emitter. I checked "enable stereoscopic 3D " in the control panel, and that's it. Upon launch, I choose "nvidia 3D vision monitor" as my display device. I had previously been able to play 3D discs only in 2D with a 9800GT. I swapped my nvidia 9800GT for a gt330, that's all.
display: Sony KDL-55hx800 3D ready TV, hdmi 1.4 inputs
cable: HDMI to DVI dual link converter cable
glasses: Sony active shutter glasses
GPU: nvidia GT330
CPU: Intel 17-920 2.66 Mhz
memory: 6GB
OS: windows 7 64 bit

Test discs were Avatar 3D and Polar Express 3D, plavback was full res and framerate, i.e. not checkerboard.