WD TV Live Problem: Network HD

Its not surprising its not working.

You’re trying to use a usb device as a NAS. The way they are made and their purposes and limitations are different. Sure it could work, for there have been many people that manage to get it to work, but if it doesnt work there’s very little one can even try to get it sorted out. 

Another thing you can try is to connect the elements to the computer itself, instead of to the router, and if the drive is shared like it was another folder on the computer, there’s a very good possibiilty the Live will see it. Try it that way and let us know if it worked.