from http://www.vmware.com/products/player/faqs.html:
How does VMware Player compare to VMware Workstation? VMware Player enables you to quickly and easily create and run virtual machines. However, VMware Player lacks many powerful features, remote connections to vSphere, drag and drop upload to vSphere, multiple Snapshots and Clones, and much more.
Not being able to revert snapshots it's a big no for me.