Seagate lowers warranty on bare drives to 3 years

Just received this in my email; another victim of the current financial market, support.

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For products purchased on or after January 3, 2009, the limited warranty period for consumer electronics, notebook and personal storage bare drives sold to Seagate Authorized Distributors will be changed from 5 to 3 years. Seagate believes that the new warranty period and terms better reflect current industry standards.

Seagate enterprise drives and Seagate and Maxtor external retail products that have 5-year warranty periods will not be affected by this change.