Two major hard drive manufacturers, Seagate and Western Digital, are cutting their warranties to as little as one year. Starting on December 31st, Seagate will cut protection for most standard desktop and notebook drives from five years to one, and other drives, including its hybrid Momentus XT, will get three-year warranties instead of five-year ones. Meanwhile, Western Digital is reducing the warranties for three of its drives  the Caviar Blue, Caviar Green, and Scorpio Blue  from three years to two, starting January 2nd. None of these changes will affect Seagate enterprise drives, higher-end Western Digital models, or external hard drives. Western Digital will also be offering an extended warranty for an extra fee.
Seagate and Western Digital cutting hard drive warranties in 2012 | The Verge
Rising failure rates and lesser warranty coverage, just what the consumer needs.