According to LG's press release, the GH22 can burn an entire DVD±R disc in about 4 minutes and 30 seconds. This is pretty impressive.. if the drive can deliver on these claims. The GH22 is expected to ship in the second half of 2008 and will be priced at about 30,000 won (~$30US). Full details can be found here.
Writing Speeds: DVD+R: 22x
DVD+RW: 8x
DVD+R DL: 16x
DVD-R: 22x
DVD-RW: 6x
DVD-R DL: 12x
DVD-RAM: 12x
CD-R: 48x
CD-RW: 32xRead Speeds: DVD-ROM: 16x Max
Buffer Size: 2MB
CD-ROM: 48x Max