Can you play import PAL games on a modded USA PS2?

[mjk729]

Hey, I want to play the European/English game of Resident Evil Survivor 2: Code Veronica, I mean the real DVD, not the crappy 2 or 4 disk rips. But, will the Magic Chip 2 on my USA PS2 allow me to play the game flawlessly or is there any NTSC/PAL problems?(like Black and White screens, or jumping screens)

(and please, if you writing about how much you think Resident Evil Survivor sucks, save your breath)

Thanks