Am I missing something or it is really not possible to export timeline to DVD - VOB (VIDEO_TS folder, ready to burn)?
Currently I'm exporting final sequence into AVI, then converting it to VOBs using GV ProCoder.
CS4 is exporting to mpeg which again can not be directly burned to standard DVD.
Not in PR. Use Encore for that.
Premiere is for editing, Encore is for DVD authoring
Open Encore and feed it the AVI you create, and let Encore do the transcoding
The direct authoring/burning function was removed with CS3, when Encore was first included in PrPro.
As the others have said, Encore (now included) is the application for authoring/burning.
Good luck, and if you have any Encore questions, Adobe has a great forum for that application, HERE.