Terabyte me... 500 GB for $129

For this project I've been using two 250 GB drives. But because I also use those for backing up other work, they are getting full. So I got another backup drive today—a 500 GB USB 2 drive for $129. A good deal at Fry's. So now I have over a terabyte of storage. I have so much footage and I need the free space for fx renders and other stuff.