If the rest of the system's not too old, I'd not be worried about the BIOS.
My old ECS K7VTA3 8.0 handled it fine with the original, probably 2 year old,
BIOS.
SATA has yet to show any benefits for optical drives; they don't come close
to filling out the performance celings of the old parallel IDE specs (my new
DVD burner is still only DMA-33 compatible), so the only reason to transition is
cultlike worship of the "Serial is better" mindset.
I got a NEC 3520A from Newegg for about USD 53 delivered; nice burner but
comes with *nothing* but a antistatic bag. No software for Windows, no blank
disc to test with.