what can a dvd+rw drive do? like.. what can it read? what type of disk can it burn?

it sounds like a combo drive, that play dvds and works as a cd-rw drive too.

If you are talking about your philips dvd+rw-d01, then don't start 2 posts asking the same question...

http://www.cdrom-guide.com/forums/showthread.php?s=&threadid=79217

and to add to my answer, I am pretty sure that it can also read and write CDR's/CDRW's.