Upda
te: We received e-mail from some astute Observers who questioned the wording of the release notes for iTunes 4.0.1. Our original report said that the update included better AAC report, but that appears to not be the case. While the notes (see below) list better sound as a feature of version 4, the only specific changes in version 4.0.1 listed appear to be performance enhancements, "network access enhancements," and the disabling of Internet sharing. Accordingly, the following story has been updated to reflect this fact.
Check It Out: iTunes Updated: Internet Sharing Access Disabled [Updated]