IDE is the interface Between you mother board and Hard Drive, the Chips and cable's that make up the IDE Area, are less likely to break that The HDD it self, which is why one would look at that as the most likely solution.
Hard Drives are made up a very fast spinning disks , little Sticks of Metal that fly around thousands of times in a second. this is why it might fail.
Also the Error could point to the IDE Controller on your mother board being fryed, which would be much more work if it was the case.