New ReadyNAS 314 owner

Are you using xraid?
You should have more space than that. You should have about 4.5 tb if you are using xraid.
It sound like the readynas is just using 1 tb of the 2 3tb disks. With xraid it should be able to create redundant space - effectively you'd have a raid 5 volume of 4 x 1 tb with 1 tb for redundancy, then a superimposed raid 1 volume of 2 x 2 tb (2tb for redundancy) that should give you 3+2 tb = 5 tb ( 4.5 because of disk capacity nomenclature.)
What information is shown in the volume tab on the dashboard? Are all the disks in the volume?
Is there data on the disks?
Are you on 6.0.8?

Have you raised a support ticket or phoned netgear?

Yup, using xraid. I wound up resetting it, and let it run through it's process again. Looks like I am getting 4.5 tb now. Guess I wasnt patient enough.

I was going to suggest that if you had not put any data on the disks or if you had a backup. Please backup the data on the readynas.

Thanks. I had data on it, but was mostly playing around with it at the time. The data was still on my laptop HD, Time Machine external drive, and my External Lacie drive. Letting it run through everything before I put something on it.