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A truly comprehensive argument ACT, and I don�t doubt that what you say is technically correct, but I think this is a case of looking too deeply and technically at what is in actual fact a more simple problem.
I recall something similar some time ago, which related to the creation by Windows of .db files, and as now, whenever a CD was inserted with .db files on the CD, it caused the same problems I described.
Remembering this, I copied the suspect CD to my hard drive, and then searched for, and removed all instances of .db files (3 in total), then burnt a new CD with the same data files (less the .db�s)
The new CD then worked as normal, i.e. within 1-2 seconds I could use windows explorer to view all files no problem at all.
So this proves that a) the original CD was not faulty, and that b) there is some routine somewhere on my PC which detects these .db files when a CD is inserted, which then causes the problems I described.
I have also since discovered that you can prevent Windows from creating these .db file in the first place, by checking the �do not cache thumbnails� line under the �folder options� menu.