Do you know of an encryption application that is triple DES, 128-bit secure, that allows the encrypted files to be passed over the Internet and saved to a CDROM, and is available free online? I currently use Scramdisk, but it will not save to a CDROM.
SafeHouse from PC Dynamics in California offers hard disc encryption using triple DES and a 128-bit key. SafeHouse files can also be sent by e-mail and saved on CDROM.
The bad news (not all that bad) is that it's not free -- $39.95 for a single user.
SafeHouse also supports Blowfish, Twofish and Rijndael. I haven't used the product so I can't vouch for it personally.
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