CD Manager 0.1

CD Manager helps you keep your iTunes library clean by managing MP3s that are on regular data CDs.
iTunes normally does not mount such CDs the way it does Audio CDs or data CDs that were written with iTunes.
CD Manager simulates this behavior for data CDs as well: it is a simple script that when ran will add a playlist to iTunes for every data CD in your Macs drives.
When you eject the CD and run the script again, it will remove the playlists and all the tracks it contained from the iTunes library.

Note: I havent used CD Manager for quite a while since I converted my music library to AAC and burnt it to CD again with iTunes. So I have no idea whether it still works correctly in the most recent versions of iTunes, though it probably does and I have received no reports to the contrary.