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WRONG!
USB certainly is not too slow for mp3! I have a USB hard drive that I use specifically for listening to mp3s. Since mp3s max out at 320kbps, the transfer rate for even USB 1.0 is fast enough. In fact, I watch videos from my usb drive at 1.4-1.6mbps all the time (mpeg-1 and mpeg-2) and they play just fine.
Now USB IS too slow for playing DVD files ripped to a hard drive, for instance, or for capturing video at DVD speeds. But that's why God invented Firewire (and that's exactly why I bought my AcomData Firewire drive, which works perfectly for capturing even high-res video (720 x 480) at 8mbps.
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