I don't use WMP but a title called CDEX. It's in one of it's menus and easy to spot in CDEX.
To change WMP you would be changing it's library and frankly WMP would fail when you unplugged that drive.
How do i change the location so that songs i rip from a cd goes to my F: drive (Seagate Freeagent Desk) external, instead of the C:drive on my Hp Pavilion dv9812us laptop. Sorry if this is a dumb question, i'm new to ripping cd's using windows media player, and also is MP3 the format to rip to ? thank you