Spotlight Blows

Wow, considering all the hoopla I heard over Spotlight, I was really expecting something better than this. When it didn't seem to be indexing things on my NTSF formatted portable drive, I went to the trouble of finding space for its contents, reformatting and restoring all the music, pictures and documents it contained. That turned out to be a waste of time, because i still can't get it to do the tricks that Windows' similar finder/launcher tool can do.

Say for example that I wanted to play a song by that great band from Guelph, Ontario, The Kramdens. With spotlight, unless I can actually name the song, I'm SOL. Typing "kramdens" into spotlight reveals only files and directories with that name.
But with Windows 7 (Vista and XP as well, actually) my search tool has indexed not just the file name, but also all the mp3 tags. So I not only see the folder named Kramdens, but also all the songs on my computer that are written and/or performed by The Kramdens. I also see the names of folders that contain albums of their work.
I tried the same experiment with the Dock/Spotlight tool that Mac-heads seem to be raving about called QuickSilver. The results were even worse. It doesn't seem to be indexing my portable drive at all and finds only the images I saved in preparing for this post.