Max CD speed of that drive is 40x, you can't do anything there. Your DVD speed depends on the media you use. Please post media information, you get that using Nero CD/DVD-Speed.
When I use NeroVision it only allows me to copy @ 2x, meaning it takes about 3 hours to burn any video files.
Maybe NeroVision is encoding on the fly. That decreases speed heavily. Please read the documentation that came with the software.
The drive says speeds up 16x(Dvd) 48x(CD) but i'm not seeing any of these.
From the specs (German LG site):
DVD-R 2x, 4x CLV, 8x ZCLV, 16x PCAV
DVD-RW 1x, 2x, 4x, 6x CLV
DVD-RAM 2x, 3x ZCLV, 3x â€“ 5x PCAV (Ver. 2.1)
DVD+R 2.4x, 4x CLV, 8x, 12x, 16x ZCLV
DVD+R Double Layer 2.4x, 4x CLV
DVD+RW 2.4x, 4x CLV, 8x ZCLV
CD-R 4x, 8x CLV, 16x, 24x, 32x, 40x ZCLV
CD-RW 4x, 8x, 10x CLV, 16x CLV, 24x ZCLV
DVD-R/-RW-/ROM 10x/8x/16x max.
DVD-RAM 2x, 3x, 5x
DVD-Video (CSS) 8x max. (Single/Dual Layer)
DVD+R/+RW 10x/8x max.
CD-R/-RW/-ROM 40x max.
CD-DA (DAE) 40x max.
Any1 have any ideas.
There are no issues, according to your description.