Hey Ive just purchaced a DVD RAM drive, im wondering if i can burn game backups on this

dvd ram drives are excellent for data backup, slow but extremely reliable with made in japan blanks

another use I have seen is some setups will play video this way

there's no way a game console will ever support that media tho

Since you are trying to bypass protection copyright issues and a violation of the rules here that's all I can say about it.