The Tartan Army will descend on Wembley next Wednesday for the first meeting of the nations in 14 years.
Annual encounters with the Auld Enemy have not been staged since 1989 when a rise in hooliganism and a congested fixture list saw the yearly battle consigned to history.
Since then, just three games have been played between the sides but Strachan said last month he would love to see the fixture brought back on a permanent basis.
But Nevin, capped 28 times for Scotland, says he is speaking from experience when he claims the match would quickly lose its "wow factor".
He said: "I'd be very wary of bringing the game back more regularly. Maybe because I've been there before, I know how quickly it can become second rate.
"It isn't second rate but it can be looked upon that way. It has to mean something. There is too much fantastic history to this game.
"And there's where to fit it in the calendar, that is your other big problem. The end of the season? Good luck to you if you have got players going to Champions League finals or Euros and World Cups.
"Or what about the beginning of the season? Well you look at players playing in European qualifiers. It's not easy finding a space.
"I played in the last year of the annual meetings between the sides in 1989. I was actually happy that they stopped the matches at that point, odd as that may be to say.
"The passion had gone. It just wasn't there any more. It was an end-of-season game, people had limited interest in it. There was a lot of Anglos [England-based players] in our side, including myself, and we were playing against the same guys we played every week.
"It just didn't have the right feeling anymore and considering the massive history of the game, I was delighted that they had decided to cancel the yearly fixture, thinking that when it does happen, it would be special.
"That has been borne out. The games since then have been fantastic. Everyone has been up for it and there has been an immense buzz all around the UK."
In the 24 years since the final Rous Cup match of 1989, England have retained the upper hand in the meetings of the teams.
Paul Gascoigne inspired the Three Lions to a 2-0 success at Euro 96, while Paul Scholes netted twice in a similar result at Hampden during the Euro 2000 play-offs.
Don Hutchison scored the only goal of the game in the Wembley return to hand Scotland victory but Nevin is concerned Strachan's team may face an altogether more painful experience next week.
"We would be scared to death if we had not got that win in Croatia," he said. "We will be up for it more than England will be. To some degree, it's just another game for a lot of their guys. To ours, nah, it's more than that.
"If Roy Hodgson picks a strong side and everyone turns up, it's going to be a tough night for us. But they have under-performed at times and if they don't come with the right attitude, then we can give them a bloody nose.
"But if England turn up and are on their game - and we have a bad one - then I don't even want to think about that."