The problem: You click on ‘network shares’ on your WDTV and nothing happens. However, if you wait some time (up till half an hour), it all of a sudden DOES work ! This last part is very important. If even after half an hour still nothing happens, then this solution is not for you and you have some other problem, which this tutorial won’t solve.
To simplify this solution, just download this file and extract it to the root of an USB drive. Plug the USB drive into your WDTV Live, it should tell you it has found a new FW and install it:
After you’ve installed it and rebooted, it shall again tell you it found a new FW; you can just ignore that, you’re done.
However, if it still doesn’t work, you might have to edit 2 parameters on your server’s registry, you can read about that here: http://www.macosxhints.com/article.php?story=20030224081842949 but it short that boils down to setting:
HKEY_LOCAL_MACHINE -> SYSTEM -> CurrentControlSet -> Services -> Browser -> Parameters->IsDomainMaster to TRUE
HKEY_LOCAL_MACHINE -> SYSTEM -> CurrentControlSet -> Services -> Browser -> Parameters->MaintainServerList to Yes
Alternatively, you could also try to flash the latest WD beta FW, this should solve the issue as well !