Time Capsule or AirPort Extreme + External Hard Drive for iTunes Library

Hi, I currently have an Airport Extreme (Gigabit) and am planning on getting a MacBook Pro. What I want to do is keep my iTunes Library on an External Hard Drive and attach it to my AirPort so I can access it anywhere in the house (and world). Now I have been reading various reviews that perhaps a Time Capsule would be better for my needs. I don't plan on using it for Time Machine backups right now, just as a NAS Drive. If anyone has any experience with this I would appreciate the advice.
Thanks!
Message was edited by: Mr. Macintosh693

Hi,
I have something like that working at the moment. My setup is based on a Mac Mini Core Duo [ OS 10.5.6 ] connected to a Time Capsule. I have configured iTunes to store all archived music on the Time Capsule. I use the Apple Lossless format for my CDs and approx 420 titles have taken approx 130Gb from my 1Tb Capsule. In general this setup works well [ especially the optical out of the Mac ] but be aware of the following potential pitfalls:-
1. The Time Capsule is a little on the noisy side and depending on the quality of your playback equipment, your choice of music, ambient noise and your values of "satisfactory" you may want to put your Capsule or HDD in another room. This seems OK for generic playback, but in my experience wireless is not a good way to go for streaming content.
2. iTunes v8.0.2 has a preferences capability to allow you to redirect it's archive to the Time Capsule. However, even if you leave the Capsule switched on it goes into a "sleep" mode. Rip a new CD and iTunes won't tell you this; instead it will silently reconfigure itself to store on your local hard drive and then you're left with the challenge of moving your collection piecemeal if you want it in one location, followed by manually updating iTunes to "point" it to the new location of the music.
One nice thing about the Capsule is that it does allow other connection types. I have mine networked to a PC running Ubuntu Linux and a music player called Amarok and I am able to stream the Mac-Ripped lossless files and play them over Linux perfectly... Works very well. Apparently you can do this with a Windows client and iTunes for Windows, but I don't run Windows as a matter of principle and can't validate that.
My 1Tb Time Capsule runs hot, too. Not dangerously so, but hot to the touch. There are no cooling fans, but you might want to think about placement; it needs plenty of fresh air circulating around it.
For what it's worth [ and I appreciate this is going beyond your question ] I also wanted my setup to be able to store and retrieve recorded TV. I have Elgato EyeTV and a USB Freeview decoder. I quickly learned that despite claims to the contrary the performance of the wireless connection just isn't up to streaming video content. So I went out and purchased a pair of Ethernet-over-mains adapters from Zyxel that are absolutely perfect for the job.
Yes, the Capsule is a little pricey for what is little more than a Hard Drive in a box, but it does work very well.
Beware the timeout disconnections and the silently re-configuring iTunes thought...

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