Buy.com has the Western Digital Elements 1.5TB USB 2.0 External Hard Drive WDBAAU0015HBK-NESN for $79 with free shipping. USB 2.0 interface and backwards compatible with USB 1.1.
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Only 1 yr warranty. 3 or 5 yrs would be better.
USB 2.0 interface. Where's the eSATA or USB 3.0?
Just be aware of what you're getting with almost every "external USB HDD" - less warranty. That could be a reasonable trade-off for many people.