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UncleVic.com offers the Seagate Barracuda 7200.11 500GB Serial ATA 3Gb/s Internal Hard Drive, model no. ST3500320AS, for $38.99 plus $7.49 for shipping ($0.09/GB). That's $2 under our June mention of a refurbished unit and the lowest total price we've seen for this drive. It runs at 7200 rpm and features a 32MB cache.
Of note, this drive is listed as a "new pull", which typically means it was never used, but not factory direct. A 90-day warranty applies, although it's unclear who supports it.