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You're right, I don't backup that much data every weekend. Neither do most home users.
You forgot to factor in something rather important when comparing prices. The cost of the tape drive itself. Currently, cheapest one I can find on Amazon is about $2600 CAD.
That buys a lot of HDDs. This might just be why tape drives have been reserved for business/enterprise purposes.
I'm not too sure where you're going with this other than 'you're wrong! Tape is cheaper!'