Select the SbcpHid driver from the Device Manager list and click "Properties" from the Action Menu.
Click the Driver tab and click the Stop button to disable the driver.
Set the Startup Type to "Disabled" using the dropdown list.
With the driver stopped, you can verify that the same applications copy every track successfully. Setting the Startup Type to disabled prevents MediaMax from restarting when the computer is rebooted. It will remain deactivated until LaunchCD.exe is allowed to run again.
Equivalently, executing the following commands from the Command Prompt will deactivate MediaMax:
net stop sbcphid
SunnComm is the company responsible for copy protection on the Foo Fighters CD, and it looks like sbcphid is the service they auto-install upon insertion of the CD. This is yet another reason to not run as root, er, with admin privs, on an XP box.
I haven't tried this out yet, but certainly will do so at home tonight.