Network storage :S

i was just wondering, would something like this : http://www.newegg.ca/Product/Product.aspx?Item=N82E16822108042 would i be able to access my files on my desktop from my laptop? i will only be doing this in my house, and my house is 2 storeys..... would this work?

I dont see why it wouldnt work. But if your going to store music, films and work on it permanently I would look into a 2 bay NAS and run RAID. This will insure that if one hdd fails the other will still contain your stuff.

If you want to just move data between a laptop and a pc, why not homegroup them? Or buy a portable HDD?