This deal has ended.
Buy.com has the Fantom Titanium 120gb External Hard Drive for only $49.95 after a $20 mail-in rebate valid through 11/2. If you use Google Checkout, you'll get an extra $10 off $30, cutting the price to $39.95. This is the lowest price to-date on a 120gb external drive ($0.33 per gigabyte is a steal!). Plus, shipping is free and there is no sales tax (except CA, MA, MD, TN).