[ClockWork]

It can be done. It's just a somewhat fiddly fecker, using Disk Image, over Toast.

1. Insert Audio CD.
2. Activate Disk Utility.
3. In the Disk Utility window, instead of selecting the Audio CD symbol, click once on the 467.8 MB Name Of Burner etc CD symbol just above it.
4. Click on menu item: File and scroll down to: New... and across and down to: Disk Image from Folder...
5. A new window will appear titled: Select Folder to Image, and in the top-right is a Search panel.
6. Click once in this Search panel and then simply type this:
   
   /
   
   
7. A new window will roll down, headed: Go to the folder:
   
8. Now type in: Volumes
   
9. The panel should now contain this: /Volumes
   
10. Then click the Go button under that.
    
11. Next, click once on the Audio CD, on the left of the Select Folder to Image window, to highlight it, and then click the: Image button.
12. In the New Image From Folder window, click on the compressed button next to: Image Format and scroll down to: DVD/CD master.
13. Encryption can stay to: none.
14. The Save As: panel should contain: Audio CD.
15. Select your Desktop as a convenient place to Save it.
16. Click once on the: Save button at the lower-right corner of the New Image From Folder window.
17. It will now show you a Progress bar as it copies: Creating Image "Audio CD.cdr".
18. When it has completed the copy process, hit the Eject key to eject the Audio CD, and now, back in the Disk Utility window, on the left pane, you'll see a new image: Audio CD.cdr.
19. Insert a blank CD, and select: Audio CD.cdr.
20. Once the Blank CD-R has mounted, click the Yellow and Black Burn button at top-left of the Disk Utility window.
21. When the Ready to Burn window appears, click the Burn button.
22. The progress bar will appear as a barber's pole, titled: Burning Image "Audio CD.cdr" - and then: Writing track.
23. It will then Verify the Burn.
    
24. When this has finished, it'll automatically Eject the CD, with the message: Image "Audio CD.cdr" burned successfully.
    
25. Click the OK button.

This will create a perfect duplicate of the Audio CD you inserted, including the spaces, or lack thereof, between Tracks, yet it will burn CD-Rs at the Burner's fastest burn speed, which is not entirely a good thing for data integrity.

Toast Titanium makes it all so much simpler, with its one-click Copy function, choice of Burning Speed and being able to simply key in the number of copies you want.