For its “M” Club members only, mwave.com offers the Promise SmartStor 4-Bay External Network Attached Storage Enclosure, model no. NS4600, for $365. (“M” Club membership is free; click here to sign up.) With free shipping, that’s the lowest total price we could find by $36. It can hold four 3.5″ SATA 3Gbps hard drives and supports RAID 0, 1, 5, 5+spare, and 10. It also has an iTunes server, FTP server, media server functionality, Gigabit Ethernet, one eSATA port, and two USB 2.0 ports.
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