I am in the market for a new WD Notebook drive also. 'twas debating between the 1TB and 750 GB. However, is WD not releasing new drives in July? I am almost certain I had heard that somewhere... 1TB 2 platter models perhaps? 1.5TB models?
They do, but they only changed the interface to (useless, and not supported by Macs today, but downwards compatible to SATA 3.0GBit/s) SATA 6.0GBit/s.
Seagate on the other hand announced the Seagate Momentus 7200.5 750GB at 9.5mm height, which should provide a superior speed compared to the Scorpio Blue(and comparable to Scorpio Black), because of the 7200 RPM. It is listed but not available yet, at least here in Europe. You get the most bang for the buck from this one, as it's cheaper then the Scorpio Blue 750GB.
Regrettably, other brands then WDC and Seagate are unable or unwilling to compete in the high-end 2,5" SATA sector except for Toshiba (as are WDC and Seagate), the MK1059GSM which seems to offer the same performance as the 1TB Scorpio Blue, but slightly cheaper. As Toshiba is an Apple OEM, they should be reliable, but is (as the Scorpio Blue 1TB) 12.5mm in height.
The next Macs will most likely carry 12.5mm-harddrives, as they are becoming popular now, providing desktop speed and nearly space by adding only 3mm physical height.
WDC and Seagate also focusing onto the 48Bit-LBA-problem, which can't address storage devices >2TB, that might be a reason for the minor updates in 2,5"-drives - the opposite may occur in the next couple of month, until 2,5" hits 2TB, too.
As Mac-users they don't bother us until 8 Zettabyte (8.6 billion TB with 512B-sectors, 64 Zettabyte with 4K-sectors), as we got GPT with 64Bit-LBA.
So:
High-Speed:
Seagate Momentus XT 500GB 7200RPM
High-Space:
Seagate Momentus 7200.5 750GB 7200RPM for 9.5mm (which modern Macs are, according to the Seagate support, they get shipped to the distributors end-July to mid-August, but the support guy said that those are his boss's words and means rather end-August, so expect them early to mid-September on retail channels such as NewEgg).
If your patience is running out, get the Western Digital Scorpio Blue 750GB 5400RPM, which is widely available.
Western Digital Scorpio Blue 1TB 5400RPM resp. Toshiba MK1059GSM 1TB 5400RPM for 12.5mm, the later only being cheaper, but they don't fit into Macs, because they're too high.
Regarding to power consumption, even the WD Scorpio Black 7200RPM draws less power then the Toshiba 5400RPM drives Apple include in the MB/MBP/Mini. The Scorpio Blue even less, the Momentus XT just a little more than the Toshiba drives, but depending on the state of the drive, i.e. when the SSD is used, it may even consume a pinch less.
Regards