Newegg has the Western Digital Elements 1TB External Hard Drive (WDBAAU0010HBK-NESN) for $70 - $10 off with coupon code EMCKGGJ54 [Exp 4/6] = $60 with free shipping. Requires the included AC adapter to be powered up but still relatively small.
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Own this, great drive, great price. No problems in over a year.