Ok im lost!!

[paranoid]

i have the same writer, it works fine, i have backed up many games with cdrwin. You may have to update your firmware for the teac, you can do this from the control panel.
click system:
device manager:
cd-rom:
Teac cd w54e:
Driver tab:
update driver:
this should update you to 7.1 firmware
good luck and let us know how you do.