I just got a Teac CDROM 540/E. I wanted a drive that could keep up with my Plextor 12/10/32A and let me do CD to CD copying at 12X. I thought about a DVD Rom, but didn't really need it and was afraid it would create some new set of hassles for me. So you may be making a mistake not buying dvd, but if so you've got company.
So far at least, the Teac is great. On my system, depending on the program, DAE benchmarks at between 18X and 27X. The data benchmarks are between 23X and 30X. So, it is more than fast enough for my Plextor, indeed, I imagine it would be ok with a 16X burner. I've only copied a few audio cds so far but they seem fine.
One major caution: You will probably need to download the firmware update and some other software from the Teac site. I was appalled at the benchmark speeds (about 4x for DAE) until I made the update. Unfortunately, I bet a lot of people will use the drive without the updates and never realize just how good it can be.
I agree that the cdspeed site is great to check out. It not only has benchmarks, but a lot of user reviews and comments. Drives with the best benchmarks often have some very negative comments from users, but almost everybody gave the Teac good marks.
I got the drive for $50 + s & H from Shopteac. There are a little cheaper places to buy, but I didn't trust their reputations, and the price was quite competitive (actually better) than what buy.com wanted.
Let us know what you get (or already got). RW