J&R.com has the newly released Western Digital My Passport Essential SE 1TB USB External Hard Drive, model no. WDBABM0010BBK-NESN, for $149 (199.99 – 50.99 instant savings) with Free Shipping for a limited time. Deal expires March 6, 2010.

The world’s most popular portable drive now features more capacity than ever to store all the important memories of your digital life. It also includes automatic, continuous backup and password protection. Store all your favorite videos, music, photos, and important files with the huge capacity of 1TB. Still sleek and compact, you can load it up and take it with you anywhere. Seeing is believing. Visual backup displays your content in categories and shows the progress of your backup. Relax, your data is secure. Automatic, continuous backup will instantly make a second copy whenever you add or change a file. Retrieve your valuable data to its original location whether you’ve lost all your data or just overwritten an important file.