Sans Digital 5-Bay eSATA RAID 0/1/10/5/JBOD Tower Storage Enclosure w/ 6G PCIe Card TR5M+B (Black) for $174.99 + free shipping
The TowerRAID TR5M+B is a compact RAID tower utilizing the latest SATA II port multiplier feature, where one single eSATA cable connects to five 3Gpps SATA II hard drives. Bundled with a high performance RAID controller card RR622, its RAID 5 performance is capable of reaching over 200MB/s. Online expansion is a feature included in the controller card so that RAID could be expanded without the need to recreate the storage space or erase the existing data.
Advanced monitoring functions include real time hard drive health status and e-mail notification for critical events. Designed with easy installation in mind, the TR5M+B has five hot-swappable tray modules so that hard drives can be removed and installed with ease. The included dual-port eSATA 6Gb/s PCIe 2.0 x1 RAID controller card allows the connection of up to two TR5M+B units (up to 10 hard drives) using only two cables and all drives could be configured into a single or multiple RAID arrays, providing over 200MB/s in performance.
This is a pretty sweet deal. If you're just starting down the NAS route, though, I would recommend starting with a small full PC. HP makes some great microservers.
That way you're not limited down the road, because as a full PC it can just take more external enclosures if you wind up needing more bays.
Unless you're sane, of course, and won't ever need more than 6 bays. In that case this is awesome.
I use one of these to store copies of my DVD/Blu-Ray collection.
Keep in mind the speed performance isn't all that good, it's an eSATA port multiplier... If you throw 5 2 TB drives it will take about 48 hours to initialize all of them properly.
The management software has a few nice features too. Call-for-help, and even an alarm feature that squeals like hell if a drive fails, or the temp rises above a certain threshold.

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