Newegg has the Hitachi 0S03452 Touro Mobile 500GB USB 3.0 External Hard Drive for $70 with free shipping. Is backwards compatible with USB 2.0. Measures 5" L x 3.1" W x 0.6" D.
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I was about to buy one, then I remembered that the last 5 (yes 5 at different times) died within 2 weeks. Hitachi replaced them promptly, but I don't think I'll make that mistake again.