Apple has acknowledged problems with the Windows version of iTunes 5 and said it will release an update next week to fix the issues.
Apple is aware that a limited number of customers are experiencing issues with installing iTunes 5, We‚Äôre working to resolve this and expect to have a software update early next week.
Problems reported on Apple‚Äôs support message board include computer crashes, deleted playlists, problems with purchased music transfers, and application conflicts, among other issues
If you‚Äôre experiencing problems with iTunes 5, stop by the iLounge Forums where they have set up sections to troubleshoot iTunes 5 for Mac and Windows
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