Help with Lenovo ThinkVantage Tool

[boblink]

Hi, I ran the diagnostic tool and it came up with multiple errors (see below) that included "problems" with the "C" Drive which I realize is NOT a good sign and would appreciate help (interpretation) of the report. Is my system in BIG trouble, that is do I need to replace it or are the errors nothing to worry about?

Thank you for your help,

Bob

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Lenovo ThinkVantage Toolbox Log File
12/24/2011 9:30:34 PM
Overall Result: Failed
Name: Intel(R) Pentium(R) Dual CPU E2180 @ 2.00GHz


Multicore Test
Test Started 12/24/11 7:16:11 PM
Warning Message: The processor speed may have been affected due to other applications consuming CPU resources. Shut down any other applications and run the test again. 12/24/11 7:25:31 PM
Warning Message: Calculated CPU Speed:Core: 0 Speed: 2.00 GHz, Core: 1 Speed: 2.00 GHz 12/24/11 7:25:32 PM
Test Finished: Warning
C:
File System: NTFS
Volume Serial Number: 0CB4-A339
Volume Capacity: 148.45 GB
Volume Free Space: 57.79 GB
Volume Used Space: 90.66 GB
Targeted Read Test
Test Started 12/24/11 8:17:02 PM
Error Message: Error while reading sector 4964059. 12/24/11 8:17:08 PM
Error Message: The test found 1 sector errors. 12/24/11 8:17:09 PM
Test Finished: Failed (Error code: WHD20-PQQ) 12/24/11 8:17:11 P

Surface Scan Test
Test Started 12/24/11 8:21:58 PM
Error Message: There was an error reading sector 4960256. 12/24/11 8:23:18 PM
Test Finished: Failed (Error code: WHD08-LHW) 12/24/11 8:26:25 PM

[dai]

looks like your hard drive needs replacing

[boblink]

Thanks Dai, it would be a GREAT relief if it's only the HD!
I thought that it might be the processor which would be catastrophic but being that the system has 2 500GB HDs, I can back EVERYTHING up and remove the faulty drive and replace it with the "working" drive.
Unfortunately the faulty drive is the "C" which means that I will need to reinstall Windows along with all my programs, apps, files,......... which is a pain in the &^%$ but it beats LOSING all my data.
I understand that this is a personal choice but if you don't mind, I would appreciate your thoughts/suggestions/advice/.......... for the following question. Being that the system is 3+ years old and I have to basically (re)install W7 along with ALL my personal data and the cost of a new (replacement) system is relatively not "that" expensive (<US $400), what would you advise me to do? I have listed a brief description of my Lenovo K210 system for your convenience?
Thank you again for your help,
Bob

Operating System Microsoft Windows 7 Home Premium Edition (32-bit)
Processor Intel(R) Pentium(R) Dual CPU E2180 @ 2.00GHz
Memory 3.00 GB - 0 remaining DIMM slots
Hard Drive (C:) Capacity: 148.45 GB, Free space: 57.05 GB
Network Card Intel(R) PRO/100 VE Network Connection
Video Card Intel(R) G33/G31 Express Chipset Family
Sound Card High Definition Audio Device

[dai]

as far as i can find you only have 1 500g hard drive

[boblink]

Hi Dai, the original system that I purchased was defective and Lenovo replaced it and allowed me to keep the HD to make the transition (setup) easier so I have two 500GB HDs. BTW, the ThinkVantage program doesn't pickup the model number or serial number from my system either but trust me trust me when I say that I have dual 500GB HDs. I have having problems with the Multi (memory) Card Reader, which is a minor glitch and the system (usually when I use Mozilla or IE) crashes way TOO often, which may be a W7 not a system issue but that's the reason that I am considering a new system.
Thanks,
Bob

[dai]

run
d/load and run the h/drive makers diagnostic utility on the h/drive

Hard Drive Diagnostics Tools and Utilities (Storage) - TACKtech Corp.

on both the hard drives

see if you have any mini dumps

C:\Windows\Minidump\Minidump.dmp