Newbie MAC User- My Book Elite 2.0

Hi, all! I having been using my MacBook for about a year, a convert from the world of PC. I have a My Book that was formatted for my PC with a lot of information on it.

What I am wondering is, how can I format the My Book to wortk with my MAC, without losing all of the information that is on it? I am assuming I do need to format it, since it will not allow me to save any of my information from my MAC to it, although it will let me pull files off of it to my MAC.

I appreciate your help in advance! Also, I do not have a Time Capsule, would it be beneficial for me to use this as such? And how would I go about doing that without losing the all ready backed up PC files?

Thank you!

The NTFS format of Windows is read only on a Mac. Try downloading and installing NTFS-3G http://mac-free.com/download/NTFS-3G.html on the Mac. Then it should be able to read and write to the external without formatting it. 

Joe

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Okay and it wont erase anything that is currently on there?