I've got a very similar problem to Ambaldan, and looking through this forum it seems we're not alone having issues with external HDDs in Windows 7.
I'm using Window 7 64bit, on my brand new Toshiba laptop. I have tried to connect my LaCie 250GB hard drive but it fails to appear in the list of drives in the "Computer" section.
So far I have checked the following
1) that it works on another PC, which it does without any issues, although this was Vista not Win 7
2) that it appears in the device manager, which it does. No driver issues or the like are indicated
3) In diskmgmt.msc, the device appears as "Disk 1; Basic; 230GB; Online" in the bottom portion of the Disk Management window, however it does NOT appear in the list of drives in the top portion of the window.
When I tried to assign a drive letter to the external HDD, an error message stating that the console view has not been refreshed occurred, and is not sorted out by refreshing the view, nor by restarting the computer.
Any ideas?
-Will