Externals are nice, I use mine for extra storage and to backup certain files as well. I built mine (ie bought a good drive and an enclosure and put it in it) around 2.5 years ago and just recently it stopped working, but only because the power supply for the enclosure I bought was pretty crappy.
So yeah, drives still good, now I'm just looking around for another good enclosure.
It also makes it easy to switch stuff between computers if you do that sort of thing.
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