Sure thing
http://community.wdc.com/t5/My-Book-Live/GUIDE-Fix-Dashboard-Errors-3xxxx/m-p/513954#M16581
Only follow steps 1-4 DO NOT DO STEP 5
Then at the prompt type
top
This should tell you what process is eating up all your CPU
Then simply kill that PID#
Hit control x to exit the top command and type
kill followed by the PID# that was maxing out the cpu
So for example
kill1234
Then run top again and see if the MBL is basically idling now
You should now be able to access the shares and dashboard without hangs
