I paid my "Toshiba Canvio Basics 1TB Portable Hard Drive - USB 3.0 " from Staples.com last December for the same price $69.99. Luckily I grab several of them....
No deal - Pass

Well since all other places have this hard drive higher at the moment. This is a deal at the moment. Here in 3 years it might not be, but it is now.

I can wait until supply catches up with demand and prices drop back to normal, but if you're in need of one now, this isn't a bad price.