How-to: Backup your Windows iTunes library
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Most online tutorials make use of iTunes’ ability to burn data disk for music backup jobs. This requires that you have a CD burner and available blank media. This short tutorial requires that you either a.) have an external HD (or iPod) or b.) a second computer to use as temporary storage. If you decide to use an external HD, make sure that it is large enough to store your whole music library. Following this tutorial will allow you to transfer your Window iTunes collection to another computer while retaining your playlists, smart playlists, song ratings, play counts, and last played dates.