The question is whether or not (and how) the drive is recoverable.
I'd dropped a well-loved and much used [link|http://www.lnx-bbc.org/|LNX-BBC] "business card" format CD into my drive tray and booted, to diagnose some GRUB issues. I'd previously noted that the disk looked like it had seen better days.
Drive start up was followed almost instantly by a loud "CRACK!" Opening the tray door, pieces of the CD, more-or-less quartered, tumbled out. One sliver is missing, presumably still inside the drive. One of my questions concerns best methods for fishing this out. Then again, if there are bits of CD in the drive, other media would probably prefer not going in after them.
Drive itself is a Toshiba XM-7602B ATAPI CD/DVD Drive, a 48x CDROM drive. Google Groups has several articles regarding similar results, though more typically with 56x drives. Some reports have the disk fragments, spinning at 10,000 RPM, flying through the thin plastic of the drive doors, something you might want to keep in mind when placing racks or servers at or near eye level.
I'd strongly recommend that any media with visible physical damage not be put in a high-performance CDR drive.