Hello, Big T!
I can coincidentally tell you that I am on the same boat like you!
Well, it is indeed possible to burn raw PCM files and place them on a CD or DVD, but you have to burn them as data and play with the file system (UDF, ISO, etc.) so that the disc can be compatible with some standalone DVD players. Reportedly, some Kiss players from Denmark can play these type of discs.
I am at this very moment researching the best software solutions to achieve our common goal, so perhaps you can E-mail me to exchange information.
Carlos Albert L.
discomakberto (at) megamixers (dot) co (dot) uk