Hi Ray,
Here's my son's 3 yr old setup:
Win98 SE
Pentium 233 mhz
3gb HD
64mb RAM
16x CD rom
HP 7200i CD writer
As you can see, it's pretty ancient by today's standard but it works. If your system is faster, the better. I recommend HP writers - they come bundled with the Easy CD software(Adaptec). Make sure the writer has at least a 1mb buffer to prevent underruns (the writer has to have a constant flow of data or you get coasters).
You can copy CD to CD but I recommend copying the files to the harddrive first then to the cd writer. When making a compilation, use Disc-at-once (the tracks are burned to CD in one operation). My son always copies at the slowest speed when burning audio cds (he's too careful!). Make sure to turn off your screen saver and try not to have anything else running while your burning.
Initially, you will be creating coasters until you learn how things should work. Just a few tips. I'm sure others will offer better ones. Have fun!
PS>
If you're running WinME or Win2K, be sure to check if your software/hardware is compatible before buying/installing it.
Cheers....d