|Possibly. Probably not.|
Try a different SATA signal cable and a different power plug to your hard drive and make sure that the signal cable clicks onto the drive and the motherboard.
Check your BIOS to make sure that the hard drive is a bootable device and that the hard drive is on the boot order, just after your optical drive.
Check your hard drive with a bootable version of WD hard drive utility that you can burn to a CD.
Check your memory with a bootable CD with Memtest on it. A bad memory stick can cause all kinds of errors that could make you believe that the hard drive is bad.
You have to be a little bit crazy to keep you from going insane.