I find that I have more problems, if I use the Max. burn speeds.
I always have fewer problems, if I back the burn speed down a little bit.
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And am I correct in assuming that if I want to burn at 16x, I would need 16x media?
Correct.
Your media has to be compatible with the burn speed you want to use.
With 16x media, you can burn at 16x, or less.