Yes, that stuff gobbles up drive space fast. So, if ivanoe thinks he might be delving heavily into those types of computer usage, then a larger hard drive makes sense.
And, if it is important to you, you back it up, so that's storage x 2, and since I don't like burning a whole stack of DVDs that means another drive.
My girlfriends brother died last year, and we lost a whole bunch of photos of him because an HDD failed.