Is there really any point of having vast libraries of video and photos etc if you never really get around to watching them. I would just put all your critical data on a enterprise USB flash drive. Does you NAS enclosure have a USB port to backup to a portable drive?
As far as movies go, I would agree except that the kids have videos that they watch over and over. And they are MURDER on DVD's. They also have a huge pile of VHS - I'm going to capture the ones they actually watch as they watch them. Perhaps most people don't have this issue, but I have seven (7) kids. By the time something has been handed down and outgrown by your 2.5 children, mine aren't even half way through with it.
Further, we don't have cable and or decent broadcast TV reception. Everything we watch is either on media or streaming from Netflix, PJTV, EWTN, Youtube etc. The next project is add another computer that will be our new "TV". For the life of me I can't figure out if I should get the biggest monitor I can afford or buy a "real" tv to use as a monitor.