Found by taking iMAC to the Genius Bar the following:
Optical Drive would mount and play multiple CDs.
Intermittent at best mounting of DVDs of about any type into system.
Apple recommendation and action was to replace the Optical Drive.
Everything works fine now. DVD+R DL works... DVD+R RW works
The OS has not been updated from the 10.8.2. I see that the 10.8.3 is available to me for download and install. Should I dare to go forward?
It may save you a lot of grief just to make an appointment with the Genius Bar....