Thomas Mathai
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I agree - harrdisks are not ideal solution, but today we can choose between bad sectors on harddisks or scratches on DVD/Bluray/HD-DVD.
If I compare price, availability, capacity and risc of failure then I choose harddisks.
Yoy can find 500GB external USB disks for $200
Look here http://www.tapeonline.com/d5.aspx for D-5 tapes price list
Or here http://www.tapeonline.com/hdcam-sr.aspx for HDCAM SR tapes
Based on the info I digged up on HD4Indies, HDCAM SR with MPEG-4 SP 4.27:1 compression is 50MB/sec datastream to tape.
That means 1 minute would be 3 Gigs, 1 hour = 180 Gig, etc. This would mean that a 155 minute @ 24P HDCam SR Tape would hold 465 Gigs.
Since the cost of the tape is $232, it's not that much of a difference from a 500GB USB drive.
Since a lot of people capture HDCAM SR uncompressed to a hard drive, it would be 180MB/sec @ 24fps, as per HD4Indies.
1 minute would be 10.8 Gigs, 1 hour = 648 Gigs, and a 155 minute tape =1.674 TB.
Of course you don't have to capture uncompressed.