Calculating the Mean Time Between Failures?

Blue Booger asks: "I was looking over some fibrechannel hard drives and noticed that the Mean Time Between Failures was rated at 1.2 million hours. I thought that was pretty high, and figured it up to be close to 137 YEARS!! I went to check some regular IDE drives just for comparison, and they were rated at 500,000 hours (57 years). Now, as I understand it, this is supposed to be the average time that you can expect the drive to last before failures. I rarely have an IDE drive last more than 4 years, and my record is 10 years, so what is the deal? BTW, that is 57 years running 24 hours a day...the MTBF is rated as power on time. Here you can find Western Digital's glossary that defines the term MTBF (pdf). Here you can find a spec sheet on one of their 20GB IDE drives. I checked, and Seagate also lists similar MTBFs. How the heck are they coming up with these numbers?"