CDEdit
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CDEdit is a Windows 9x-Windows NT/2000/XP utility designed to create CD-Audio, CD-Rom and CD-RW covers.
CDEdit has a simple click&drag interface that lets you create your CD covers quickly and easily. It allows you to insert images and to freely format and place the text. CDEdit interface is going to be translated to other languages, all the language modules will be available in the download section.
CDEdit is distributed as a shareware program, that means that you can freely download it and try it for 30 days, but after this trial period you'll need to register to continue to use the program.
CDEdit costs 15$ but just 10$ for TapEdit registered users (25$ if you decide to buy both at the same time).
Like TapEdit, CDEdit supports many different image formats (Bitmap, JPEG, WindowsMetaFile, EnhancedMetaFile) and lets you easily personalise your text elements.
The license of this software is Free Trial Software, the price is $15.00, you can free download and get a free trial.