MagicISO pode fazer isso. Não é livre embora ...
Simple and Intelligent
MagicISO is a powerful CD/DVD image file creating/editing/extracting tool. It can open / create / edit /extract CD/DVD image files, and it can convert bin to iso and back. as well as make ISO file from DVD/CD-ROM or hard disk, and handle bootable information at meanwhile.
Support all known CD image type
It can also convert BIN or any other format file created by CD burning software (Such as Nero-Burning ROM, Easy CD Create) or virtual DVD/CD-ROM driver software (such as Daemon-tools) to standard ISO format.