there is one key comment made by someone that says the hard drive does eventually fail.
I am very curious now to look up the conductivity of mineral oil, and aslong as it doesnt short the motherboard it doesnt surprise me. You knwo, you can put a hair drier in your tub full of water and its still blows.... thats right - its does. It only turns off when you stick your hand in it (AS LONG AS YOU HAVE A GFI OUTLETT) otherwise you get exlectricuted. .... but either way dont try it.
What I wanted ot mention was that someone made the comment that "dont you know hard drives are hermetically sealed". That statement is either right or wrong depending on hwo you define hermetically sealed. Often times it means air tight - in which case the person is wrong, and other times it means enough to keep out contamenents and microorganisms.
Hard drives are infact not air tight, there have a hole you may see labled as "do not obstruct hole" or "do not block or cover". That hole needs ot remain open to allow air to pass through it. The purpose of the hole is so that the pressure inside and outside of the drive are equal evne if you bring your computer to Everest. The hole itself has a really good fine filter on it removing dust and other particulates. So technically, I would believe that the hard drive would fail faster over time if in mineral oil.
Hard drives break because of their mechanical parts, not electronics, and not only would oil put more strain on the parts but you will drastically also be severely affecting your seek times latency and overall speed and performance of your drive as the platters and arms must move in a substance more dence than air.
probably nobody cares about this though so um,... hoorah yeay awsome ftw lol roflcopter. <--- generic responce.