Doesn't mean that the drive is about to quit, because in the original post, he states that the drive works fine with other media. I can say from first-hand experience that the media compatibility of that drive is sub-par, and that is exactly what is causing the problem that he is having.
althought, OZ's remark
"New drives are so cheap and fast these days, time to upgrade."
couldn't be more true! 4x?
52x LiteON = under $60 on newegg.com
EXCELENT media compatibility on liteon drives, btw.