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Excellent idea. As I am sitting here, I am installing a new hard drive and the OS on a friends PC. When I picked the PC up from her she asked me about all of the photos on her hard drive. Since the hard drive was toast I asked her where she backed up all of her photos'? "I didn't back them up" she replied.Guess what? She's SOL. (Short of paying hundreds of dollars for a HD recovery service).
Evangilder does things right. Multiple redundency. One can never be too safe...