Perfect for turning an old computer into a small home server
I've combined it with a small SSD for the system, on a 2009 Macbook, to make a backup server.
The drive is plenty fast enough for backups and movies, since the bottleneck is the network.
For the time being, the drive is very quiet, so there's nothing to complain about there.
As for lifespan, we'll have to wait and see. :)