Here is the deal. I have/had a number of old PCs with hard drives as old as 10 years or older that work/worked fine. The only exceptions were maxtor (I had 2 failures of 2) and IBM deathstar (1 failure of 1).
Now I had a number of failures in PC or laptop drives with newer drives with perpendicular technology (seagate, samsung, etc). The worst part is I search newegg reviews and count the number of failures in the reviews and sounds the failures are very frequent (10-20% or more) in all types of drives, maybe except for scorpion black series of WD when it's less than 10%. It almost sounds like drives are programmed to fail after 1-2 years.
Interestingly, the warranty coverage goes down recently, in some cases only to one year: http://www.tomshardware.com/news/seagate-western-digital-HDD-warranty-Thailand,14322.html
Is perpendicular recording more unreliable? Are the drives made cheap? This is annoying especially as drives are now expensive with the shortage.