In terms of size, half a terabyte (or maybe a terabyte to be comfy) would do. My main priority is durability: I don't want to worry about a drive failure (durability is the main reason I've used Dropbox for so long; my house could burn down and my data would be safe).
Presumably I should go with an SSD for durability (?) seeing how sensitive HDDs are to movement/magnets/mechanical failure in general. Should I bother trying to do some kind of RAID redundancy setup, or is that overkill? Any other thoughts or suggestions? All-in-one backup solutions would also be interesting, as would cloud storage solutions that are end-to-end encrypted.