OK, that drive is really a retail version of the ST31000340AS 1TB 7200.11. Those drives are among the ones with the abysmal failure rate. See Newegg Customer Reviews
to get an idea. I'm not saying the drive is bad, but... Return it for a 7200.12 or a WD6401AALS or WD7501AALS.
You might try to boot into safe mode by pressing F8 at the OS boot. With an 8 hour clone for 128GB you have bigger problems.
Does the mobo see the drive properly?
Try running CPU-Z
and posting the info on the mobo model and BIOS revision under the mobo tab.