Both Windows Media player and iTunes will easily burn standard audio CDs from MP3s. You just set up a playlist under 80 minutes in length and burn an audio CD.
itunes howto
http://docs.info.apple.com/article.html?artnum=301917
Windows media player howto
http://www.microsoft.com/windowsxp/using/windowsmediaplayer/getstarted/burncd.mspx
Thanks!
Yes, but if you're an audiophile you won't be very happy with the quality after the "decompression."