MagicDisc is freeware. It is very helpful utility designed for creating and managing virtual CD drives and CD/DVD discs. For anyone who deals with CD-based programs – it is a MUST. MagicDisc allows you to use almost all CD/DVD image without burning them onto CD or DVD in order to easily access your favorite games, music, or software programs ---- It works like a real CD/DVD-ROM: You can run programs, play games, or listen to music from your virtual CD-ROM. Allowing you to run your game images at over 200x faster than from a conventional CD/DVD-ROM. MagicDisc is a powerful utility that uses a unique combination of options to ensure a perfect back-up every time. Partner with MagicISO, Your original games/program discs can be safely stored away, MagicISO mean that you always have your expensive media stored safely as CD/DVD image file on your hard drive, and use them with MagicDisc just like using the original discs. At the office: Program discs and many other applications generally require the original disc to be in the computer's CD-ROM drive. This restricts the amount of people in your office who can have access to the same software at the same time without the cost of additional discs. MagicDisc virtual drives resolve that problem for you. No more hunting around the offices for that elusive disc you need to run your application, everything you require is just a click away.
The authors also have MagicISO, which allows to you create ISO files, including bootable ones. The trial version is limited to ISO's of 300 Mbytes. http://www.magiciso.com/?=MagicISO