MillTek

You can try using autofs.
1) Open console & SU
2)run this command :
cd
mkdir /mnt/floppy
mkdir /mnt/cdrom (you can skip this two if the directiory is there)
mv /etc/auto.master /etc/auto.master_old
mv /etc/auto.floppy /etc/auto.floppy_old
mv /etc/auto.cdrom /etc/auto.cdrom_old
echo "/mnt/cdrom /etc/auto.cdrom --timeout 10" > /etc/auto.master
echo "/mnt/floppy /etc/auto.floppy --timeout 1" >> /etc/auto.master
echo "floppy -user,suid,fstype=msdos :/dev/fd0" > /etc/auto.floppy
echo "cdrom -fstype=iso9660,ro :/dev/sr0" > /etc/auto.cdrom
ln -s /mnt/floppy/floppy floppy
ln -s /mnt/cdrom/cdrom cdrom
/etc/init.d/autofs start (or restart)
cd

3)insert cd and try this command : ls /mnt/cdrom/cdrom
if it can read your cd...you're okay.

4)you need to edit your fstab...delete or comment out /dev/sr0....

5)you also need to run sysV-init editor and add autofs in runlevel5(start) so it can run on boot, add autofs in runlevel6(stop) so it can stop when you shutdown.

6)reboot.

Check if you can read directory /mnt/cdrom/cdrom using konquerer.
Let me know if it can be done on your machine.

Good luck

Thanks to Mark Nielsen for his tutorial.