For its newsletter subscribers only, Newegg offers the Toshiba 2TB Canvio Connect Portable USB 3.0 External Hard Drive in Red, model no. HDTC720XR3C1, for $119.99. Apply coupon code "EMCWVVP39" and it drops to $99.99. With free shipping, that's $0.05/GB and tied with a deal from last month (in a different color) for the lowest total price we've seen. (It's a current price low by $8.) This USB-powered drive features an 8MB cache and runs at 5400 rpm.