How much for 2TB?
For that you can buy complete replacement local hardware (two HDD and the enclosure) every two to three months!
Even Seagate's aren't that bad!
That pricing is just crazy, nobody would pay that for a domestic/small business scale storage system, even with automatic offsite backup.
At $199 up-front with a small monthly covering the offsite backup and replacement local disks past the 3year warranty period (basically life insurance for HDDs) they might have a business, otherwise, nope.