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I assume you got the term off pricewatch or a similar site.
It's a generic term for OEM, Origional Equiptment manufacturer. It has NO warranty as it's only meant to be purchased in bulk by companies such as dell or compaq which provide their own in house support to customers. The "white label" refers to the fact the the drives sticker in white with a serial number only and no branding or mention of the manufacturer. tupicaly they will use a sub-companies name in small print such as matshita for panosonic white label drive.
That being said, maxtor's white label line has alway proven exceptional to me and i've never had a bad disk from them. In all the computers in my family, they all run white label maxtors and i haven't had a single faluire in five years.
Just remember, if bad sectors show up after a few months, the white label company (maxtor, WD, etc...) is under no legal obligation to acknowledge your existance, much less repair or replace the product.
From a legal standpoint, they are only legaly supposed to be used by computer makers for use in a commercial product (think tivo's and computers), but the company's could care less that some bulk orders are broken up and sold peice meal on sites such as pricewatch.
All in all, the value is great since the difference between say my 80 white label maxtor for $75.00 last year and the best buy price of 125.00 before rebates is that that extra money is paying for customer support and a warranty. Gives you a good idea of what those services cost a comapny per sale.
Go for it, just remember that no company's customer service will listen to you if it breaks. Great deal though.
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