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I just removed the encryption with the tools that came with the disk. YMMV
IMHO you are over thinking this. The drive is pretty much ready to go. Way back, I put old (I upgraded the size) Laptop drives into a USB caddy. But off the shelf drives have becom reasonable (if you shop a bit. The big A is not always best, but I also watch out for cheapos. WD drives are decent)
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