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MacMall is offering a refurbished LaCie 1TB Little Big Disk Thunderbolt drive for just $160 with free shipping.  That is $269 under the retail price of $429 and $190 below what Apple is charging for a new unit.  The Little Big Disk features blazing fast speeds of up to 10Gb/s, compact design small enough to fit in the palm of your hand and its own cooling system. Supports Thunderbolt connections as well as backward compatibility for Mini DisplayPort.  76 reviewers on the Apple Online Store rate this drive 4 stars.

Please note, this drive does not ship with a Thunderbolt cable, but you can grab one from Amazon on the cheap.

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1TB Little Big Disk Thunderbolt – Refurbished