Storing things in the original format definitely makes the most sense. I was hoping there was some compression codec that might get me really good quality and cut down the filesize. I think I’ll pick up another 1.5 TB hard drive and see how long that takes to fill up.
The ‘source’ I’m trying to backup is a Final Cut sequence, the media that is in the sequence could be digitized off any number of sources (MiniDV, DVCAM, HD Recorder, etc).