I actually bought my CDRW recently, a Mitsumi, and while I have the option of burning audio at 2 and 4x, I always do it at 1x. I've heard too many horror stories about people burning coaster after coaster trying to speed up. I just set it before I go to sleep, it burns, Toast does the confirm automatically, and voila!
The point? I don't really have one. I would never try to burn faster than 1x, though.
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The Man, the Myth, the something or other.