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When comparing hard drives, there are many factors to consider. If a 500GB hard drive is priced at $100, you are paying 20 cents per Gigabyte. If a 32GB hard drive is priced at the same, you're paying much more per GB. Secondly, you need to compare the speed of the drives. The slowest hard drives still readily available are 5400 rpm. Next is the 7200 rpm drives (this is the standard), then there are the super-fast 10,000 rpm Velociraptor drives. Even faster than that are the new Solid State Disks, that have much smaller capacities but incredibly fast access times, most of those being able to read or write around 100 MB/sec. To say one drive is better than the other would be an uneducated statement. Compare the two drives. Is one more affordable? What are your data storage needs? Which method does each drive hook up to the computer? USB? eSata? Firewire? For more information, I recommend searching CNET for hard drive customer reviews.

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Q: What is much better 32gb external hard drive or the 500gb external hard drive?
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