And it had a
very nice failure mode: if you put a damaged disk into a new drive, it wrecked that one too
Iomega had a policy of replacing faulty drives, because they wanted to stay in business. I think this case might be just one old disk dying.
We've had threads on this subject ... July and August last year, at least.
A search ("click of death" with Username "Heather P" will find them. Heather remarked something like: "A drive with the fault will destroy disks; a faulty disk might click".