The probability that the PCB is at fault for me is 1 to 5 % but in thousands of drives seen it happened effectively only a couple of times. Try if you want, ask for same PCB same code same specs. The worst thing to happen is that you have a useless spare PCB or a spare drive.
The symptom you described is usually related to firmware problem OR heads or Heads that made problems to firmware.
It seems the typical Maxtor sound : unpark heads then a high pitched sound like "zzziinng" with a click at the end then nothing and the drive keeps spinning.
Variant : unpark heads and partial recalibration then nothing.
With the appropriate equipment I diagnose it in less than 5 seconds.
It's not a hundreds $ recovery but much less depending on the effective problem. but should see the drive
Well, at the end of the story, if your holiday photos are not worth a recovery, there's always Google, Google Earth / Street View + Photoshop
