You can use Nero 7's predefined templates to create CD label. Print it on any paper, cut along the boundaries and glue it on to the CDs.
Alternatively you can use CD printers available from the market, that directly print on to the CD. Have a look at this product from
TECH COM.
Its a monochromatic printer. I don't know much about colour versions.
If you have a Lightscribe DVD writer you can use Lightscribe DVDs.