Is networked attached storage an option? Either a NAS attachment to an existing hard drive (to make any IDE drive visible to your PC / a network) or dedicated USB 2 HDD would be fine.
I just have lotsa PCs, each with at least two drives so I back up across partitions and across PCs for my really important stuff.
HDDs are dirt cheap nowadays, an internal 300GB SATA drive is around $140
http://www.fluidtek.com.au/
Check out NAS here.
http://www.auspcmarket.com.au/
Networking >
Wired >
Devices >
NAS | Network Attached Storage
If I wanted to say add a terrabyte spread dynamically across all my PCs I'd simply buy a 2, 3 or 4 bay NAS device, load it with 1 to 4 IDE drives of size 300 to 500 GB and plug the NAS via standard network cable into my router. To all my PCs there'd be a common drive say I give it path z:\ that each PC could partition or see the whole of depending how I set it up. The NAS is smart so I can RAID (mirror, stripe or both the drives for speed or resilence). Basically NAS is what major IT shops do to provided a shared pool of data across one or more PCs, its very, very effective and efficient.
e.g. for $121 you get a network device that can take any IDE device and make it visibile to your network (direct connect to a PC, hub, switch or better yet router).
VANTEC NEXSTAR3 BLACK USB2.0 EXTERNAL 3.5IN HARD DRIVE CASE
http://www.auspcmarket.com.au/images...BK_23067_0.jpg
+ Add an external hard drive to your laptop or PC, or RJ45 network
+ Uses LAN with proprietary driver, USB1.1, or 2.0 to connect, for Win98/ME/2000
+ Aluminium case w/stand, fits any standard-height 3.5" PATA IDE hard drive
+ Enables direct LAN connection into any standard Ethernet network
+ Allow direct connection to network without server, IP address, or protocol
+ Durable data process path and fast speed as computer internal storage
+ Simple backup or expansion allows Mirroring (RAID 1), Aggregation or RAID 0
+ A unique hardware ID and access key codes defines access rights
+ Unit is invisible and safe from external hackers since TCP/IP protocol is not adopted
+ Increase storage capacity or create an automatic copy of primary unit through software
+ Cable included - powered by 240v external power-supply
or for $192 buy a Netgear version that houses 2 internal IDE drives
NETGEAR SC101 STORAGE CENTRAL $192
http://www.auspcmarket.com.au/images...01_27685_0.jpg
Housing for network attached storage using 10/100 ethernet and IDE ATA drives
+ Takes up to 2 IDE drives, not included - choose them below
+ Capacity can be doubled or tripled by adding a 2nd or 3rd Storage Central
+ Share your valuable files or keep them private with password protection