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Sony PCM-501es Digital Audio Processor

HI,

I am almost the proud (?) owner of a Sony PCM-501es Digital Audio Processor. I am in need of any info I can get, including specs, what were the popular modifications to this unit and can I make the mods myself? It looks as if I am going to be stuck with this thing, so I want to make the most of it. LOL.

external drive 7200rpm but without Sony oxford chip

are these worth buying
i run nuendo Wavesand some sample libraries . but some guy at guitar centre told me to buy the more expensive(wayyy more) drives with the oxford chip or Pro Tools and maybe some other stuff won't run on it.

is this a marketing ploy? or should i really consider just how important this . .oxford chip really is.