Fry's Electronics offers the Seagate Expansion 1TB USB 2.0 External Desktop Hard Drive, model no. ST310005EXA101-RK, for $45. Shipping adds around $7, or choose free in-store pickup. Even with shipping, that's $0.05/GB and among the cheapest 1TB USB 2.0 external hard drives we've ever seen. (It's a current low for this drive by $18.) Sales tax is added where applicable. It runs at 7200 rpm and has a 2-year warranty.