Connect My Book World Edition (MBWE) II to Time Machine on OS 10.7 (Lion)

WD Legacy Products Other Network Drives
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I’m having the same problem as Anthi. Time Machine doesn’t mount my WD_Backup using my previous password and when I try to change the password through admin access, I can’t successfully change my user password for WD_Backup User. I keep getting the error Failed to modify user.