Time Capsule Hard Drive



I bought ATV Flash yesterday and it works great!

I currently have an external HD connected over USB using Nito (smart installer). This is working fine. What I however would like to do is connect my Time Capsule (2TB) as external Hard Drive. Is it possible to connect with the HD of the Time Capsule with an Ethernet cable? 

And when this is not possible would it be an option to use a USB Ethernet converter (thus: Connection USB port Apple TV with Ethernet Port Time Capsule and in that use the HD of the Time Capsule as (external) HD for Apple TV.

Look forward to your reply!





Sorry, forgot to mention. I have an Apple TV 1st Gen and a Time Capsule (2TB)