"Windows is having a hard disk problem".. pops up..

I keep seeing this error.. "Windows is having a hard disk problem." And it basically prompts me to backup my data, like I am about to see an impending hard drive issue. I found some threads on other forums, but found nothing conclusive. Any ideas. This is a pretty new hard drive, and it is a new install of windows 7. There is also another older drive connected to the system, that contains all the older files, which I have moved over to the new..

Need to confirm which drive is having the issues, if it is indeed having issues, or if there is something I can look into to resolve some sort of software related issue that is causing the problem.

Will add.. The OS seems to be running very smooth, and does not seem to be having any problems..

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It looks like it is the newer hard drive that is having the problems.. Here is a screen shot taken after running a hard drive monitoring tool..

That "Spinup retry count" doesn't look to be very happy...

Keep regular backups and keep an eye on the drive, it may not fail now but it may soon. It could be the motor is having troubles, wither ball bearings or even the controller, or it could be caused by the power supply.