Well it seems I was right to expect to be maybe a little embarrassed by the answer!
Though maybe I don't need to be too much ...
I initially felt it could really only be either a USB issue or a driver issue for the unseen drives, though I felt able to retire those thoughts very quickly because XP appeared to have the correct drivers onboard plus yes I had checked all 5 (4 external and 1 internal) USB ports on the (Belkin) card, and both the mouse and a card-reader worked fine in all.
From a websearch last night the sudden-lost-drives condition in fact appears not to be uncommon in XP after all, the agent-provocateur generally being the recent installation of SP2.
Whilst less prevalent now because SP2 is not such a high take-up as when first released, the incidence of disappearing drives is still being reported against its installation.
So I reckoned last night that my issue was likely the same, as I had reinstalled SP2 as part of upgrading my XP repair-install, and that there should therefore be a work-around; as far as I got then was uncovering that a MS Hotfix was around somewhere pending incorporation in to an eventual (?) SP3.
I had planned to follow-through along those lines this morning and hopefully resolve things, but on the measure-twice / cut-once principle - and also because I wasn't excatly attracted by the thought of possible deeper fault-chasing if the hotfix didn't do the trick after all - I installed WD and Maxtor's drivers from their websites anyway, and .... still nothing!
And even though the USB ports seemed fine from testing with the mouse and card-reader, I thought I might just as well carry out the same pointless exercise there too so went to Belkin's site and (re)installed the driver for their card, and ... suddenly I had two drives back!
So yes it was very basic, USB not being seen, or possibly only being part-seen ... er, maybe! Although, I don't have an explanation why the mouse and card reader worked fine and the drives didn't in the same ports/card ... I almost didn't take that last step for that reason ...
Logic suggests that IF the USB was for some unclear reason able to handle some connections but not others, and IF the absence of drive-drivers was material, then IF they still weren't seen and IF the USB-driver kicked something in once (re)installed, THEN the port/s would finally see the drives ... ummmmmm ... or something. That's what logic version-XP does for you I guess. Personally, 2+2=4 tends to cover a lot of ground for me - logic is one thing but common-sense is totally different and tends to get the job done more often in the real world.
But bring back Spock for the rest just the same.
So anyway ...
... for the benefit of anyone coming across this later who might be searching for an answer to the same problem, if this sounds like what you have found/seen, then if it doesn't look broke, fix it just the same!
If that doesn't work however and you want to carry on chasing-down the MS Hotfix, pick up the trail here
http://support.microsoft.com/defaul...kb;en-us;885464
Gates ... are you listening?!
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Thanks for the comments and suggestions, all right on the mark but unknowingly and improperly wrong-footed by the same thing that threw me
Shel