Can XBMC see iTunes Library?

Can the XBMC see the iTunes library rather than just the Movies folder that Nito uses? If so, how do I point the XBMC to see it. It may be important to point out that the iTunes library is on an external HD attached to the AppleTV via the USB port.

I ask because I installed the Crystal HD chip and would like my 1080p encoded movies to stay organized in iTunes.

Many thanks!

Jim