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Although degaussing might be looked at as a way of simply erasing a drive, it's actually a destructive mechanism, though it's not nearly as fun to watch as a shredder.
Powerful degaussers will also render inoperable a drives servo motors and will damage the spindle motor of the drive. It truly is a paperweight when you're done.
A really good degausser is expensive, but it doesn't cost as much as a really good shredder, and it might be enough for your needs. Also, it…