Run this program from your Program menu to create a Direct CD. You can do this with both CD-R and CD-RW disks. Then you can drag and drop photos from Windows Explorer just like copying to a floppy disk.
With a CD-RW disk, you will also be able to delete or rename the files after copying them, so this may be the most convenient.
CD-R disks are better for long term storage. CD-RW disks tend to wear out after a few months of constant writing, deleting, and rewriting.