if their still good just rip em to image files and mount em with daemon tools. that way you never have to de-case the cds. ive virtualized most of my old windows games. newer ones with uncracked copy protection and some old dos games (which wont let you install from windows) i just flip the discs. frankly i wonder why we even still use cds. they are ****ing obsolete, and dvds are just as bad. we have the tech to make a higher capacity drive capable of taking up only a 3.5" bay, and i wish someone would come up with a standard that would do that.
on the other hand, since the internets are getting bigger tubes, i really don't see why we cant just download everything. or at least have a game download kiosk at the game store, stick in your flash chip, pick a game, pay, and it gets copied over.