Straight from the horses mouth.
http://support.wdc.com/warranty/policy.asp
The second image on this page gives the breakdown of their product line by category. There is more to it but this is a good starting point.
YS is Enterprise class. Usually louder as noise dampening isnt a concern.
Others differentiate between noise dampening, 8mb cache vs 16mb cache, single platter vs multi platter, MTBF ratings, TCQ, NCQ, etc, etc...
Its not the clearest naming scheme by any means.