Don't worry, that error isn't as scary as it sounds. All the -169 means is that there is not permissions available to write to that location. Sometimes some users don't have full access to write to particular locations. So if you change the locations to be something like "My Documents" or something along those lines, that should resolve your problem.

It isn't possible to save a file straight to a CD or DVD. You will have to first save the file to your hard drive, then copy the file to CD or DVD.