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I'm using my beloved mac mini as HTPC and as a UPnP server (Twonky) to stream A/V content to some clients. One of them is WDTV Live, and it does not support ALAC playback. As you can imagine I have a plenty of them in my iTunes library, and many of them are not DRM-protected. Thus I desperately looking for a software which is capable to transcode ALAC to MP3 on the fly.

Thanx in advance :-)

Edit: elgato eyeconnect did it for me, it transcodes ALAC into WAV. Hope it would help others ))