How do I use dedicated storage and iTunes?

Thanks. I guess the issue also is what is the best what to store it: NAS, separate hard drive, etc.?

I was recommeneded using a seperate ssd drive by Oyen called minipro . it was $170 shipped . very small almost the size of a deck of cards . 1tb . Owner of db labs has took all the guess work out of setting up a macmini for optimal performance . Great forum discussions on audiocircle he was a part of .

Wow, thanks!

Hi Tarraga
I am not that knowledgeable with computers BUT recently I ripped all my cd's using Itunes AIFF format and stored the digital files in to an external USB hard drive the WD Mypassport Studio 1TB.Here is what I did.
Open Itunes and click on itunes button top left,then choose Preferences,another smaller window opens up,go to advanced Settings (the gear wheel symbol),there you given the choice to iTunes media folder location.If you have an external drive attached to your mac mini it will show up there as oppose to the internal drive,and choose that as your destination drive and to also to duplicate your entire itunes music library.
Hope I was of help.
Regards
George

+1 Yiorys. You can demonstrate this to yourself by setting up a subfolder on your 1TB backup drive and designating it within iTunes preferences as above.