I hope you didn't just spend $499 to buy a measly single-terabyte Time Capsule backup-drive/NAS/router combo product from Apple. Because as of today, Time Capsule has been upgraded to 2 full terabytes of storage at that same price. The 1TB model is now going for $299.
The new 2TB unit is the same in every other way as the 1TB, using dual-band 802.11a/b/g/n for wireless connections and sporting three Gigabit Ethernet ports for wired clients. There's also a USB port for connecting more storage (if 2TB isn't enough for you) or a USB printer. Time Capsule works directly with the Mac OS X feature called Time Machine to provide automatic backups for Mac OS computers on the network, so the more Macs you have, the more storage you want/need.
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