So the freeNAS 7 community has split off these days... LAME!!!
It means that you can no longer just download the version of freeNAS which I have used successfully for the last few years.
I spent the last few weeks toying around with the new freebsd7 based builds and was very disappointed by them.
This post is currently on hold until freeNAS 8 comes out in a stable version which includes bittorrent support!
Keep checking back!
As of 11/1/12 I have chosen to go with nas4free 9.1 as the new operating system for my NAS shares.
There is a new post which picks up in this one's place. Please continue reading here.