It's not that bad. Hard drives are still about $30 a TB, long-form videos worth preserving are around a GB each in decent quality, so they cost about $0.03 each to preserve in decent quality. It's not free but it's not too expensive either. $0.06 for redundancy, $0.04 if you use erasure coding (e.g. RAID-6).
Reduce that by a factor of 10 if you accept noticeable visual artifacting while still conveying the information - that is, if you believe it's not necessary to preserve every pixel as long as the information content remains. If you're focused on quantity of preservation over quality, you should do this.
It's not that bad. Hard drives are still about $30 a TB, long-form videos worth preserving are around a GB each in decent quality, so they cost about $0.03 each to preserve in decent quality. It's not free but it's not too expensive either. $0.06 for redundancy, $0.04 if you use erasure coding (e.g. RAID-6).
Reduce that by a factor of 10 if you accept noticeable visual artifacting while still conveying the information - that is, if you believe it's not necessary to preserve every pixel as long as the information content remains. If you're focused on quantity of preservation over quality, you should do this.