Paragon Software (http://www.paragon-software.com) has released Paragon Volume Snapshot for Mac OS X. It’s an US$39.95 snapshot-based, back-up solution for protection of both data and systems.
With Paragon Volume Snapshot, you can ccreate an exact point-in-time copy of your data & system. When a disaster strikes, you can recover your data. Unlike Time Machine and other file-level backup utilities, our solution has very fast backup and restore capabilities, according to the folks at Paragon. Now you can back-up running applications and locked system files. If your system fails, there’s no need re-install; just boot from the Mac OS X Install DVD and launch the restore operation.