Thanks both!
Dixies link is a neat piece of software that told me exactly why I was suddenly getting warnings at the boot screen
Sector remap limit exceeded IYSWIM Its a new disk too!
There was some sort of crash the other night whilst my machine was unattended. When I got up it had restarted booting from a slave disk that had an old operating system on it (resourcefull, if you can say that for a machine!) and when I restarted it I got this SMART warning at boot up telling me that disk failure was iminent.
though I wasnt able to boot from the suspect disk, I was able to acccess it and repair it using a disk utility and was then able to transfer the data to a new disk which now works fine (What a buisiness! there has got to be an easier way of doing this!).
I then reformated the original disk to see if this would "reset" the SMART monitoring (IYSWIM) However even after reformating the old disk I am still getting the SMART warning at the boot screen so I guess the fault alert is written into some sort of perminent memory on the disk drive circuit board.
Oh well, I shall have to see if I can find the paperwork and get my money back but since it is PC-World I wil not hold my breath!
D
(PS I find myself, at this point, thinking about 2001 and psychotic computers and their unreliable fault prediction systems )