Researching the drive, I found out that Seagate utilized a well established drive for the guts which has a very good performance record.
The Seagate GoFlex Slim has a very cool secret feature it is part of the GoFlex Storage System by Seagate. If you have a Seagate FreeAgent GoFlex Net Media Device or the Seagate GoFlex TV HD Media Player you can simply plug it into a SATA slot on one of those devices by removing the USB Adapter that is part of the GoFlex Slim drive body.
The drive includes backup software with encryption the software also makes it easy for you to sync files between your computer and the drive. Included in the drive is the Seagate Dashboard management tool.
Priced at $99.00 it is a great value for what it offers.