Yeah, I have had the same issues with other Maxtors, and a few with some others (early Seagates and Fujitsus) and it's pretty much really slow access. It's actually common that what is dying is the controller board, not the actual platters. It keeps screwing up the data transfer and locks up the bus when it keeps making errors (like constantly requesting the bus and sending bad data) and makes the system sluggish to the point that sometimes it takes several seconds for the mouse to redraw. I have seen it happen in windows and Linux as well. So what you really aren't seeing is a failure of the platters or read head, what you are seeing is the controller board.
Anyways, that bit of info is not going to help. What WOULD help is if you can get another drive like it, and replace the controller board, you would get the data off easily.