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[microsound] Network Attached Storage

Hi everyone~

I'm looking for some advice and opinions regarding Network Attached
Storage.  I've already filled two external hard drives with various
audio/visual materials of mine, and am needing to grow.  So far I've looked
at a few options and the best price I can find is a Buffalo Technology
2.0TB TerraStation for about $1000 US.

My question really is, how many of you rely upon such a device to back up
your data, and how do you go about shopping for one?

Thanks for any help, and have a happy holiday season.