Lion and Latest iTunes ... How do you setup your libraries?

[spacescape]

Back a few years ago my wife and I both had iPods and we both wanted most of the same music. So, I moved all our Music in one location. Then we both set the location of our libraries to the same location (/Shared iTunes Library/iTunes Music) ... The problem with this is that both users can't be connected to this library at the same time. Not a huge deal seeing I'll probably still be using my MBP most of the time. But, with AppleTV it might be nice to keep iTunes up most of the time on this system.

I guess we could just have our own libraries seeing space really isn't an issue... Just wondering how you guys are handling your libraries for multiple users using the same computer?