Digital music: iTunes Music Library Online

iTunes Music Library Online

I was trying to determine a way to save my MacBooks overloaded HD. The culprit was a lot of music, video, and podcasts taking up space. I created a linux box from old PCs around the house and transfered the Itunes library there But now when I take my laptop anywhere thats NOT my home network I dont have any music! =(
I thought that maybe I could get a hosting service through godaddy (who already hosts my domain) and upload music library there? That way I could just point iTunes library there for folder? Has anyone tried this or does anyone have better suggestions? I have about 60 gigs of media. Thanks!