It is good for you if you don't need USB 3.0
Verbatim 1TB 2.5" Mobile Hard Drive USB2.0 $78 at HN (FOUNTAIN GATE, VIC)
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Not really a deal. There've been usb3 hds going at around this price. 2.5" ones.
$76 shipped for Hitachi USB 3 just a few days ago:
Do I take it before or after meals?