69M Uninformed Horrible People....and...
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No best answer has yet been selected by Dave Bradley. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.The R does not stand for Rewriteable. It stands for Recordable.
CD-R - Compact Disk Recordable - this means that you can record onto the blank disk providing you have the correct hardware (a CD-R or CD-RW drive) and software (the programme you run) on your computer. Once you "burn" files onto the CD, they cannot be erased.
CD-RW - Compact Disk Rewriteable - these are usually more expensive than CDRs because, using the correct setting on the software, you can record onto this disk, erase and add more at will whenever you like.
DVD-R - Digital Versatile Disk - Recordable - same as a CD-R but a DVD can hold a lot more data.
DVD-WR - Digital Versatile Disk - Rewriteable - same as a CD-WR but, as above, holds a lot more data.