Fellow Apple Geeks - iTunes Library Sharing Possible?

in iPod + iTunes + AppleTV edited January 2014
Hey All... I need some help from other Mac-Heads...

I have multiple Mac in the house and soon plan to add an Apple TV. I want to be able to buy my music from ANY of these computers... so if I'm sitting with my laptop in bed, or browsing iTunes on my Mac Pro in my home office, I'll be able to purchase music, TV shows, etc.

I plan to buy the Time Capsule router/HD combo and want to use that as the "hard drive" containing my iTunes library...

Do I just need to set it up to share and the point my iTunes to it as the location of the library?

If not, how do I go about getting this to work?
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