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Also looking for something similar.
Cloud storage is ok but without a fast internet connection, uploading tens or hundreds of terabytes won't be quick nor fun and you're tied into a monthly fee literally forever.
If anything goes down, you're without access to it.
Hard drives not really an option as they can fail over time. Will also need lots of them so will take up a lot of space.
LTO tape back up seems the best option for me but the tape recorder machines are surprisingly expensive for what they actually are but the actual tapes are cheap.
You also need an interface to use the player.
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