This deal has ended.
Dell has the 1.5TB Seagate FreeAgent External Hard Drive on sale for $149.99, before coupon code 138BFW5PN676V2 drops it to just $119.99, the lowest price we could find. This has a 480 Mbps transfer rate, 7200 rpm spindle speed, and is just 6.9" tall. It comes with a five-year warranty. Shipping is free with sales tax charged in most states. Also check out the 1.5TB FreeAgent Xtreme (with Firewire, eSata, and USB connectivity) for $143.99 after coupon.