TESTING EXAMPLES :
I'm using as a "sample" for this testing a set of very old drives that I've just picked up from a friend.
Those are really very old drives so I'm expecting to find some defects on them, but because they have a very low capacity they are very fast to scan.
1 - FUJITSU MPG3102AT E :


The drive have some sectors on G-List and there are some more marked to be tested and possible added to G-List later. A scan of the surface reveals that there are a huge amount of bad sectors at the end of the drive. As this drive is one head and one platter it's very clear that the end of the drive (outer surface of the platter) have some damage. As the damage is big I wouldn't consider fixing this drive for re-sale.
2 - FUJITSU MPE3064AT :


Drive doesn't have relocated sectors and surface scan shows the drive is responding very fast and doesn't have slow sectors. I would do the other testing as explained at the start of the thread and if the drive would still show the same behavior when re-checking S.M.A.R.T. and scan I would consider it a candidate for re-sale.
3 - WDC WD200BB-75CLB0 :


Ultra DMA errors shown that most likely the drive was connected to a computer with IDE cable problems. The drive shows one sector pending relocation and zero relocated sectors. I would run the erase test to relocate the sector of fix it by writing data to it with correct ECC. Either way S.M.A.R.T. looks good even if one sector is relocated.
Surface scan shows some slow sectors but that is normal considering the age of the drive. On a modern drive I would say the drive was getting very used up and so I wouldn't re-sale with without doing a Self-Scan.
If I were to be very selective I would say that one relocated sector and slow sectors would be enough to require further actions on the drive prior to re-sale.
4 - ST320410A :

The drive have a considerable amount of relocated sectors. I didn't even bother to check the surface. This one needs a Self-Scan and even so I wouldn't re-sell it.
http://www.hddoracle.com/viewtopic.php?f=83&t=12465 - ST310212A :


This one would require a Self-Scan as well, because it have a considerable amount of relocated sectors. Moving the G-List to P-List and erasing the drive could be an option as well, but not as "reliable" as a full Self-scan. Doing the full self-scan on this one could make the drive ready for re-sale.
6 - WDC AC28400R :


Well, this drive have just one relocated sector... Guess that it's still on a reasonable shape even more if we consider the drive age. A cosmetic fix (g-list to p-list) would do the trick and I would risk to re-sell the drive. As long as we keep in mind that it's a used drive and as long as we would replace it / refund if the drive were to stop working on the first weeks of use I think that it would be reasonable to risk to re-sell this drive.
7 - QUANTUM FIREBALL EX3.2A :


This drive have some relocated sectors and the surface looks fine. This would be a candidate for a cosmetic fix (moving g-list to p-list and reformat). I will do a guide on how to do so (with specialized firmware tools) one of those days. In any case as the G-List is not full a surface scan will not reveal "BAD BLOCKS" as the blocks that were considered bad were already swapped by spares.
When a sector that once was sequential and now is on a "spare" have to be accessed the drive will have to seek to that sector position at the end of the drive. By moving the G-List defects to the P-List and re-formatting the drive the defects will be sequential again and there will be no "jumps" or "seeks" to the end of the drive to find the "spares" when the drive is re-used.

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