New Firmware Version 1.02.12 for the My Book World I & II (10/19/11)

I am also having trouble with TM.  I can access my shares on the NAS but TM won’t recognize the backup drive on MyBookWorld.  Pre-Lion, I had two MyBookWorlds mounted in FInder, one for the share folders and one for TM backups.  Now the second one (backup) is gone and TM has nothing available for a backup.  I also had problems accessing Twonky but after several resets, reboots and cycling power on my router, I’ve been able to access Twonky.  As other users have mentioned, I also experienced the CNID DB error.  2 errors to be precise, when I first updated the MBWE firmware.  They have not reappeared.

Mac OS X 10.7.2

MBWE II Firmware - 1.02.12