Hi,
There is a sticky above (second from bottom) with some software to try and recover data. There have also been posts reporting sucess with a program called "Testdisk", which is free also.
It does seem unusual that both drives would crash though at the same time. I would try pulling the smaller disk out of the 320 and see if your large drive shows up or vice versa. If you get nothing still, you might try doing a factroy reset by putting the tip of a paper clip into the small hole in the back of the 320. It's down between the power supply and ethernet connection. You have to press it in for about 5 seconds with the power on. This is supposed to leave your data intact, admin password, users, applications will have to be reset and resaved. Just don't go through with a reformat. If you still can't see either of your drives, pull them and see about using the data recovery software. Unless someone else comes up with some better suggestions. Good luck