An Imperfect Solution
OK, so here's the deal:
1 MbP Directly Connected to a 1TB 3-partition USB HDD, TM works perfectly, but because I don't remember to plug it in, and I'm not always in the same place, I don't have the promised hourly backups.
Now, I've hooked up the same HDD to my AEBS (GigE) and my MbP starts to backup wirelessly. Realizing that even with 802.11n this is going to take forever, I stopped the backup.
Now, I have an empty sparsebundle (except for Backups.backupdb and the "computername" directory under it). So, seeing as I have backups from October on the same drive, for real, I tried copying them over. This simply doesn't work, I tried using Finder Drag&Drop and CLI cp -R and even rsync.
Next I moved the HDD back to being connected locally via USB to the MbP thinking maybe that would help transfer the files, but I can't even mount the sparseimage. I get the "Operation not supported on socket" error.
Anyhow, long story short, I'm now doing a FULL backup over ethernet (4.5MB/s), to the sparsebundle, and I do not have the old backups (going back to October) in it. HOWEVER, there is a SOLUTION:
Option+Click the TM menu in the menu bar, and you get an option to "Browse Other Time Machine Disks", using this you CAN get to the original backups, in the original Backups.backupdb and restore them over the network, however all new backups going forward are in the sparsebundle.
The only real issue I have with this, is I now have a new start-point, this means I'm taking up the entire 90+GB of space again, rather than just the differentials + hardlinks if I were able to continue the backups. I have over 560GB on this partition though, so it's no big deal.
Ideally, I'd still love to continue the old backups from where I left off, but for the convenience of doing it over wifi, I'll live.
- Davey