I would like to emulate mounting as a virtual cd or dvd, so Mac OS X Lion thinks it is a real cd / dvd.
I have already tried ToastMount, however it hasn't been compiled for Intel processors and I can't open the Xcode project file in Xcode 4, because it is incompatible.
I probably could dualboot my Mac and install Snow Leopard and Xcode 3 to compile it for Intel, however this seems like a long process just to get this software.
Best Answer
Daemon Tools Lite for Mac, seems to do this.
http://www.daemon-tools.cc/eng/products/dtMacLite