The specs on that drive look good, but I've seen a lot of negative reviews on Newegg for it. Even if the problem that plagued the 7200.11 series has been fixed, this one appears to have some quality issues all its own. You might consider a Western Digital Black or Blue edition.
I don't take a lot of stock in Newegg reviews. I looked through them and one guy said that his died after 6 months, the drive has only been available for 3. That said, Seagate has had their share of problems. I have 2 7200.11 drives and they're great but I may be the exception.
OP, I Would consider a 7200.12 but one of the WD Black drives would be good as well.