I did something similar with my hp scanner installation disks (floppys). I created 6 directories on my harddrive, disk1, disk2 etc. then copied the floppys to the corresponding dir, used nero to copy all 6 onto a cd. Works no prob. the reason I used individual dir for each floppy is that the setup routine asks for disk 2;3;4;5;6 to be inserted into the drive, when it does this I browse to the dir on the cd.
I tried copying all the files onto the cd without the seperate dirs, but it caused an error each time.
You could try both ways, not much to lose. Hope this helps (and you can understand my rambling).