I've been searching around microsoft's site for about an hour (and connect.microsoft.com for about 5 mins) and have come to the realization that there is no way to submit a bug for WMP without actually calling MS so I'll post it here and see what becomes of it. This problem has existed in WMP 9 and 10 now in 11. Hopefully a patch will fix this and I won't have to wait until 12 for it to be fixed.
BUG: If you have two cd/dvd drives installed and insert a cd into both drives WMP will connect online and get the disc info for the cd's. If you eject one of the cd's and put in another cd, WMP will not refresh and get the info for the new cd. You must close WMP and re-open it for the change to be detected. WMP will still display the cd's info even if you close the drive without a cd.
Can someone on the WMP team please correct this. It's a real pain when you are trying to rip a lot of cd's and have to keep closing the application to get it to function the way you want it to.