Seagate, using its new shingled magnetic recording (SMR) technology to cram more data into fewer platters, is preparing to launch an 8TB hard drive priced at just $260. For that low-low price (just over 3 cents per gig!) you get a three-year warranty and very low power consumption -- but certainly not performance. This 8TB drive is all about long-term storage and backups -- pair it with a new SSD and you'd have a very flexible, cost-effective storage setup.