the Mybook Essential does need an external power adapter.
Moreover it uses a bridge chip which does on-the-fly encryption in hardware.What it means is that if your mybook goes kaput someday,you will not be able to pull out the hdd from the casing and hook it to your pc and copy your data.The hdd...
@Karan
You may try using Matrix-Mixer.
Download here : *sourceforge.net/project/showfiles.php?group_id=76433
Which soundcard are you using?
In your Sony system look for an option like 5.1 upmixing or 5.1 emulation or sth. like that.
Hell...you could have bought a Benq (Full HD!!) 22" for 13.5k...the only 22 incher with full HD.
Anyways enjoy what you have...and too bad about the dead pixel.How many dp's for warranty?
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