Your HDTV numbers are OK but your hard disk ones are a "bit" off
First of all, the 480Mbit rating of USB 2.0 is theoretical. External drives don't come anywhere CLOSE to touching that. The fastest external 2.0's I've used (in very expensive cases with high quality chipsets) can do 25MB/s - roughly 220Mbit, or less than 50% of the "theoretical" rating.
Is there a comprehension issue here? When I typed "This is nowhere near the theoretical limit of USB2.0" were you not reading.
Best I've seen sustained was 20 MB/second. Not that this is toast; but this was over more than a burst transfer.
More common is 12 to 15MB/s (100Mbit to 120Mbit) with several drives closer to the lower side. It really depends more on the chipset used in the external enclosure; The cheap knock-off Chinese ones are dirt slow and often have high error rates; Better name-brand ones like Oxford are much faster and have much lower error rates...Hence, the drive inside doesn't make a whole lot of difference. Any late model 7200rpm spindle drive can do more than the USB 2.0 interface can handle in the first place.
Show me sustained transfer rates that exceed 60 MB/second. Not on a spec sheet; in real world tests.
At any rate, even with a 22Mbit HD stream, and even with a crap chipset in a cheap enclosure, you should have no problems.
Assuming you only want to transfer at 1:1 aka real time. Who wants to transfer at that rate?