Possible to install Logic Content on an external HDD?

[LoneWolf121188]

Like it says. I don't want to use up 40GB on my MBP's HDD on just loops, but I do want access to all of them. I know I could install the entire Logic package on my external, but I'd rather have the application on my hard drive and the loops on an external.

 

[pfjellman]

Anyone have an answer for this? I'm in the same boat - have an 80GB SSD boot drive, and 52GB of space taken from loops and instruments leaves me with nothing left. =(