I have to first admit that I have not read every comment in this thread.
But I do want to add one small item. If a drive is always online, then it is NOT backup.
If you use a HD for backup, it needs to be taken off line and stored somewhere safe when it is not actually being used for backup.
By offline, I mean no connection to computer, network, or power. The problem is that viruses or trojans (please dont give me the mac is immune story. If you have a PC on your network and your NAS is network attached, you can be affected by that "chanel".)
Also, power problems can take out your computer. And if your drive is also connected, it may be taken out also. I dont care if you have a UPS on the drive and computer. Is your phone line protected? Cable modem?
The botom line is that if you really value your content, the drives should not be online. With a drive enclosure and 500 gb hd purchased from NewEgg for about $130, you have yourself a real backup.
Better yet, get two and alternate backups.
Don