That's really interesting.
There actually was an episode of Mythbusters dealing with this topic. They tested the theory that today's fast CD drives (52x and up) could in theory spin a CD fast enough that the CD itself would lose integrity and fail. On the show, they were never able to achieve this though.
The fascinating bit was how they simulated the failure, using an "overclocked" motor from an angle grinder or similar tool, and with a high speed camera, simulated CD particles embedding themselves in human flesh (again simulated).
Probably one of the better episodes if you ask me.
Any damage to the drive itself?