I have 750GB. I use SecondCopy to have a duplicate copy in the house and the observatory. I also have a portable harddrive that's off-site (a relative's house) that I put a copy on now and then.
I think regular backup to second location on-site and portable HD taken off-site is the only way to go with such large data quantities. For us amateurs at home, that is.
You can now get 1TB network storage drives for around $540, which is somewhat affordable.
Roger.
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