Directory and files with read write for both kubuntu and windows

[kubuntu]

Hi all,
     I will be dual booting with windows 7 and wish to play my music mp3 
files in both operating environments.  Would it be best to have the mp3 
files on a ntfs formated disc and then mount the disc on both systems.
Would this cause any problems?
Is there a better way of having a directory and files available for read 
and write for both kubuntu and windows 7?

Thank you for any help
Paul
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