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Anonymous
There's no more a single reliable hard drive than a single reliable CD - one scratch on either and poof. Anything you really care about should be in two places - a second hard drive, dvds, the internet, something else. Two of them if you're offloading it. When one inevitably fails, you just replace before the other ones does.
If you're really paranoid, you keep your copies encrypted in a safe deposit box a thousand miles away, guarded by Meximoot.
(And you're right that hard drives still aren't as cost-effective as DVDs, and BD/HDDVD will probably be cheaper too, soon. Cost for convenience.)
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