Well, i decided to brush up my simple HTML page and created a fully linked wiki on the subject. Please take a look, in the hope it will be useful for at least one fellow one-eyed leg-pegged passionate data hoarder.
Any hints or suggestions is appreciated.
Usb2 should work, its up to 30+ megabytes per second, enough for 1080p h264 streaming (6megabits per second).
Hardware is not keeping you from trying