I fear that you are right, the drive might be going away. Your actions where correct, that is to back up all the data from the drive.
But there is a chance that the file records have become corrupted, in my experiance the only permanent soulution is to backup all data and then reformat the drive (full format not quick) and restore the data from backup. I'm assuming here that you are using Windows (XP), if you are using other OS then it may not apply.
When you pull the HD out you will be able to determine what interface it has. The make and model of the HD can often be found in the OS, device manager in Windows, and from that the interface can be determined. If it is IDE (vs SATA) then it is questionable if a 7200(+) rpm HD is going to be worth the money as there maybe other bootlenecks in your system that will even out the performance gain from a fast HD.
Yours
Zweiblumen
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Sodomy non sapiens. : I'm buggered if I know
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