Issues with my iMac Time Machine detecting my WD MyBook Live

JSFabbri,

What happens if you try to link your WD My Book Live Personal Cloud Storage device with your Apple Mac computer by means of mapping the Time Machine share using the AFP protocol?

Additional instructions are available in the following link:

http://wdc.custhelp.com/app/answers/detail/a_id/2686/

If it does not correct the issue, does a reboot under Settings> Utilities> Device Restart provide any change?