Hi Scormodo,
1. Correct. The extra drive is the only difference.
2. HP includes a custom iTunes add-in. You can learn more about iTunes and the MSS from some of the articles we have here: http://www.mediasmarthome.com/search?search=itunes&select=any&type=article&filter=all
3. See 2.
4. In what way? The MSS is, for storage purposes, a bunch of shared network folders.
5. Sure.
6. The MSS runs folder duplication on top of it's drive extender technology. It's not RAID, but you can think of it like folder level RAID. Still, any "critical-can't-lose" data should be backed up to mulitple mediums, and one copy stored off site.
7. Maximum capacity is only limited by hard disk drive capacities and number of bays (4), USB ports (4) and eSATA ports (1) on the HP MediaSmart Server. With 2 Terabyte drives, the user could conceivably have 18 Terabytes of capacity in the HP MediaSmart Server. If there is a top limit, I don't think you'll see that reached in some time based on the current max size of hard drives.
8. Any SATA hard drive can be used. Some people like Western Digital, others Seagate. My personal favorite is what's on sale.
9. From a hardware perspective, the Acer competes more with the LX-195 MediaSmart Server, only it has drive bays. The EX line from HP has more horsepower, and all the custom stuff they throw in (iTunes sharing, Video Converter, Twonky, Photo Publisher, video streaming, etc.)
10. Yep, with the recent 2.5 update, the EX can stream video, music, and photos to a browser or the iStream App for iPhone.
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