Iomega has just launched its line of Home Network Hard Drives that boasts 7200RPM SATA II hard drives inside complete with 8MB of cache. While users might be disappointed to find out that only Ethernet 10/100 is included and not Gigabit, that let-down is compensated by the knowledge that USB 2.0 connectivity has been thrown in for local connections.

Currently, the 320GB and 500GB models are available, retailing for $149 and $199 respectively. A 360GB model is in the pipeline and will be released next month for $149, so if you can hold out until September, it makes more sense to fork out the same amount of money and bring home an additional 40GB.

Source: Ubergizmo