I spend a ton of time trying to get this to work and never got satisfactory results. There was some software that would give you drive letter access in DOS and some defunct Veritas product for win9x, but I soon realized that without a proper buffering setup for streaming the drive would have to constantly start and pause which would probably end up destroying it.
I was able to setup a system where I could restore a DVD from tape and play it back while it was restoring after you gave it about 5 minutes to restore the VIDEO_TS ifo files, etc. This of course would depend on the menu data being in the files that where restored first, which always wasn't the case.
It is doable, just not practical. DVD-R blanks are now $1 so I would recommend going that route.
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