What do you mean by "use vBulletin code in a nav?" If you mean a plugin, then no, that code you posted would need to be PHPized, i.e., this:
Code:
<if condition="$show[member]">
<td class="vbseo_vbmenu_control"><a href="usercp.php$session[sessionurl_q]">$vbphrase[user_cp]</a></td>
</if>
Becomes something like this:
Code:
if ($show['member'])
{
echo '<td class="vbseo_vbmenu_control"><a href="usercp.php' . $vbulletin->session->vars['sessionurl_q'] . '">' . $vbphrase[user_cp] . '</a></td>';
}
Depending on what you are wanting to do, etcetera.