(The following text is an edited extract from http://en.wikipedia.org/wiki/Dvd)
The five basic types of DVD are referred to by their approximate capacity in gigabytes.
DVD uses 650 nm wavelength laser diode light as opposed to 780 nm for CD or 405 nm for Blu-ray Disc. This permits a smaller spot on the media surface (1.32 µm for DVD versus 2.11 µm for CD) compared to CDs.
Writing speeds for DVD were 1×, that is 1350 kB/s (1318 KiB/s), in the first drives and media models. More recent models at 18× or 20× have 18 or 20 times that speed. Note that for CD drives, 1× means 153.6 kB/s (150 KiB/s), 9 times slower.
Here is a great guide to the more technical aspects of DVD: http://electronics.howstuffworks.com/dvd.htm