CD-ROM Transport

Hit this link right quick...

http://www.minidisc.org/digital_out.html

I take it this could be extrapalated to create a CD-ROM transport with coax out. Then you can just pick up a CD-ROM (or DVD-ROM/CD-RW, etc., for that matter) with "Play/Pause" and "Forward/Backward" buttons, etc. and voila! a *very cheap* (and assumably durable) tranport is born.

I mean, I'm looking at the back of one of my spare CD-ROM drives (I work in the IT industry) and there it is: "Digital Audio Out."

What do you guys think? Has any of you ever tried this?

Thanks,
Mark