Ummm... those are *not* the same signals! The ATSC is on a different RF frequency than the NTSC (quite possibly in an entirely different band - e.g. NTSC might be on VHF low-band and the corresponding ATSC up in the UHF region), at a much lower power, from a transmitter in an entirely different location.
Comparing "Channel 6" NTSC and "Channel 6 ATSC" one-to-one is comparing apples and oranges. Without further information (e.g. look at the actual RF spectrum with an analyzer) you simply don't know whether the signals are of similar strengths or not, or whether they have similar amounts of multipath, or whether your antenna is dealing with them in a comparable way.
A 30-to-60-second outage is more than I would expect from an occasional packet loss. It strikes me that something different might be going on in your situation. It sounds more to me as if your PC is completely losing its assocation with the AP and is having to re-negotiate.
First practical suggestion - have somebody observe the AP lights in the office, while you do something to precipitate this problem (or just wait until it occurs). See if the AP seems to be doing something different than normal during the "dead time". Specifically, see if its LED sequence suggests that it is rebooting.
I had a problem somewhat similar to this a few years ago, involving an Apple Airport 802.11 base station. It worked fine during light use, but if I tried to download a large file I'd lose the signal for 30 seconds or more.
Turns out it was crashing under heavy load. The culprit: Apple was one of many victims of the "capacitors with pirated, corrosive electrolyte formula" problem. The main power-supply bypass caps in the AP were rotting and had gone high-ESR. The AP worked OK under light load, but when it started transmitting lots of data and drawing more current from the power supply it would brown-out and reset. Replacing the caps cured the problem.
I wonder whether your AP is having somewhat-similar problems... it sounds as if it might be getting old enough. If it's boosting its TX power on the fly in order to push a signal "through the walls" to your living area, it might be overstressing itself.
Can you borrow another AP from somebody, substitute it for your current one (with no other changes) and see whether the problem is the same or different?
Interference remains a possibility - in particular, microwave-oven interference. Some years ago I used a 2.4-gig audio/video sender to distribute a composite-video signal from a TiVo DVR to a TV in another room. It worked well most of the time... but whenever anyone in any of the houses in our cul-de-sac started microwaving dinner, the video became un-viewable and the audio roared loudly enough to hurt our ears. 802.11b is vulnerable to similar problems. Possibly the drop-outs correspond with somebody nearby turning on a microwave?
Surely you can figure out how to install one in a concealed location?
Quite possibly they do - that's entirely up to the firmware.
If it *is* a multipath problem, installing another AP closer to your living area is probably the best solution... even if it's unpolitical and requires physical concealment of the AP behind a potted fern named Fred.