Update:
If anyone is still interested, I took another couple of steps on my computer audio journey on Tuesday 2/4/14:
1. Ordered a Synology DS112j NAS and a Seagate Barracuda 2TB internal 3.5" hard disk drive. Best Buy had a good price of $252, but was even a few dollars less at Amazon, Newegg and B&H Photo. Synology also offers a DS112 (no "j" suffix) 1-bay NAS that has twice the internal memory (512 vs 256) and 2 USB 3.0 ports as compared to the DS112j's 2 USB 2.0 ports but also costs between $30-50 more. Since the Seagate Backup Plus (see #2 below)uses a USB 2.0 connection anyway, I thought any net increase in speed would not benefit me very much so I decided to save the money instead. If this was for work rather than home use, I probably would've chosen the marginally increased speed.
2. Ordered a Seagate Backup Plus 2TB external backup hard disk drive. Bought it from BB for $94, it was a good price but Amazon was even a bit less. I wasn't too concerned over a few dollars since I earn 'Reward Points' through BB, one's nearby and it was simpler placing 1 order for all.
Equipment should arrive in a week or less. My skilled friend, Jerry, will help me setup and configure everything. I'll post again after additional progress is made.
If nothing else, this thread may serve as a guide to future computer audio newcomers. Is that a light at the end of this obsessive tunnel?
Thanks,
Tim