The windows task manager says my i-Tunes is using 176,960K and I thought IE was a memory hog. How much memory does your's use?
What's with the iTunes bashing. A great looking UI, and packed with innovation. Cover Flow and Genius are great. It hogs memory, but it is great. I wish that Apple would make an iPod Manager (iManager), as a lightweight app that just synced the iPod, and a jukebox only app. iTunes is heavy because it spreads into all sorts of things. Constant read/write to Music folder, drivers for all iPod devices (even those you don't own), and if you look in processes it has AppleMobileDeviceService, iTunesHelper, and several others also running. Just close it and it all goes away. Use VLC or something.