I just tested it. It works in Daemon tools and it also made a valid disc in Cd Mate.
You can download a demo here:
http://www.cd-mate.com/downloads/CDM_Enu_Latest.exe
the settings to use are
1. open the *.bin file
2. Under write method make sure you have Disk At Once selected
3. Just burn it and enjoy
I was able to easily copy the file in windows Xp to a drive.
I need to pull out my parser program i made this weekend and see if it works.
I'll post it if it works.