I will agree with you completely on the editing in Peak. Except for trimming edges, I don't edit in Peak and from what I can tell, it is pretty crude. But, for recording the master into your computer, playlist assembly, ISRC codes, CD-Text, and ID's, for the most part, I think it does fine.
Don't get me wrong, I have my own list of complaints about Peak and have made them known on the Bias webboard.
I will gladly spend some more time with the demo, but not being able to record your files with PreMaster CD and SonicStudio DDP seems to be an oversight to me.