After using the steps in Tips and Tricks, this works very well. I was pleasantly surprised. I still get the cd burner drivers not installed properly message, but this is a minor annoyance.
I filed a beta report to issue my findings. This is such a major part of iTunes for most of us iPod users. For me it would be minor were it not for audible.com.
Other issues for iTunes that I have come across will be filed next.