Over at Angel's place we have been buying FireWire drives in pairs and then making mirrored RAIDs out of them so that if one drive fails then everything is still safe on the other drive.
Not sure how easy this is to do on a PC but on a Mac everything needed to make FireWire RAIDs is built in and real easy to setup.
Mirrored RAIDs are really the way to go when you have terabits worth of data.
One caveat is that mirrored RAIDs do not protect against data corruption, only drive failure. Versioned backups is the only thing that will also protect against data corruption.
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