Sony is joining Seagate to bring a new officially licensed external hard drive from the PlayStation 4 to the shelves – or you can just grab the unbranded version for a few dollars less. The new 2TB game drive – apparently "rigorously tested and optimized" for the PS4 – connects directly to the console via USB, and will allow you to store up to 50 new games.
There is a great post on the PlayStation Blog explaining why this is the way bees are, but basically it's just an external hard drive with the PlayStation logo in the corner. Even more fun, this licensed model is set to retail for $ 89.99 in the United States, but you can already buy the "unofficial" version for less than Amazon:
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All in all, this is a nice hard drive that is plug-and-play and does not require an external power source. You might consider going with the unbranded version unless you really need this PlayStation logo.