I got a $100 internal drive for my laptop. It was WAY faster than what I was used to. I think it was a TB too.
I have an external RAID array (2 7200 drives hardware raid 0 with 32 MB cache each). The $100 internal drive is much faster.
The external drive is also esata and usb2. In neither configuration does it compete with the internal laptop drive.
The drives on my StudioCat PC are the fastest I've got. They standard old drives, just fast.