Just the steps taken to get a harddrive back up (Maxtor in this case) from 0 rpm and no bios detection, to 7200 rpm in a few easy steps!
Step 1: Get a Harddrive of the Same Make As the Failed Drive
I determined that the harddrive problem was not a crash because, it wasn't making any weird noises (or any noises at all). When I plugged the harddrive in, I started feeling the components on the controller board, some of which were burning hot. (another indicator that the controller board was burnt out).
I was lucky enough to have another Maxtor of the same make, even though it was of different size, the ICs and components had the same value on the circuit board. So I thought, it couldnt hurt to try and swap the boards.
Step 2: Remove the Controller Board
Now locate the torx/security screws on each hardrive. On the Maxtor they were relatively easy to locate (the red circles in the first picture). And use the appropriate sized bit for your drive screws (T8 for the Maxtor).
Remove the defective hard drive board and place it in your junk box. The board should lift up, with some pretty fragile foam cushioning it underneath, try to salvage a full piece from either hard drive to use on your repaired drive with the data. Take the functional board and place it carefully where the last board was so that the connections (in red circles on the second picture) line up with the solder pads under the board so it is interfaced with the hard drive head and platter.
Step 3: Plug and Pray
Plug the ATA and power into your hopefully functional frankenstein drive, make sure the jumper is set correctly on the new board and hope that it works!