using time capsule for time machine and file share

I've just hooked up my 2 Tb time capsule, which is supposed to be the destination for time machine and also have a share folder to share music on the network. Originally I wanted to partition the drive, but since that appears to be such a headache I'll probably make do with one partition.

Does anyone know if time machine will try to overwrite the share folder when it runs out of disc space?

 

Thanks for that, stridemat!