The prices just keep falling (finally!)... best price on this drive in the last 12 months has been $139 shipped. The ST3000DM001 is their best version of 3TB drive yet... it's the one with 1TB per platter, and runs faster than the green/5900 drives, and much cooler than the XT version. Specs:
3TB 7200 RPM Hard Drive
SATA 6Gb/s interface optimizes burst performance
Seagate AcuTrac servo technology delivers dependable performance, even with hard drive track widths of only 75 nanometers
Seagate OptiCache technology boosts overall performance by as much as 45% over the previous generation.
Ships in Certified Frustration-Free Packaging
Best Fit Applications include: Desktop or all-in-one PCs, Home servers , PC-based game systems, Desktop RAID, Direct attached external storage devices (DAS), Network attached storage devices (NAS)
UPDATE: It seems the warranty period is determined by where the drive was manufactured. Units made in China are typically 1-year warranty, whereas if they were made in Thailand they could be 2-3 years.