Bought one of these a year ago for less than its going for now, strange.
The only fault with the drive is the insanely bright LED on the front. I have my drive filled with films and what not, and use it with both my PC and Xbox for video playback, and you really need to cover the LED otherwise its distracting.
Apart from that, its lasted a year with pretty heavy usage and a few bumps and the odd snowball and is still working fine. Just need to get another one now as ive filled the old one :S