First baby? You need a bigger hard drive!

So, moms, are you completely overwhelmed by the photos and video you've been taking of your baby? I'm a librarian - I pride myself on my organization and classification skills, but the sheer number of baby photos and videos is pretty daunting. My son is only 7 months old and I can't believe how much we've already amassed. I've been keeping things loosely organized, but the system becomes less effective with every passing month. Videos are especially hard - you can't tell what they are at a glance, so if you don't get them labeled right away they just end up in the black hole of "miscellaneous" items. We have a 1 terabyte external hard drive and I assumed that would be overkill for a long, long, time, but I'm beginning to wonder...I feel sorry for the second kid, if we have one - there's no way we can sustain this pace!