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External Hard Drive

I want an external hard drive so that I can store all my documents safely in case I have any probs with my aging computer and to allow easier formating.

I've found this one on Amazon http://www.amazon.co.uk/Buffalo-DriveStation-250Gb-Serial-External/dp/B000FVTQK4/ref=br_lf_m_350613011_2_8_ttl?ie=UTF8&m=A3P5ROKL5A1OLE&s=electronics&pf_rd_p=199575491&pf_rd_s=center-1&pf_rd_t=101&pf_rd_i=350613011&pf_rd_m=A3P5ROKL5A1OLE&pf_rd_r=1TFA4MYZD206XG9HA634

Is it a good buy? Do you know of a better deal?

Thanks for your help. I'm a bit of a techy noob :)
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