But that's not what we're talking about.
Hard drives have different states. I don't know what the technical names for them are (they probably vary from manufacturer to manufacturer anyway), but...
* active: platters spinning, heads poised over the platter
* parked/unloaded: platters spinning, heads moved off the platter
* sleeping: platters no longer spinning, heads moved off the platter
This thread is about that second state, where the platter keeps spinning while the head is parked. Head parking
does not necessarily mean that the platters have spun down. On the other hand, the platters spinning down
does necessarily mean the heads have parked (the spinning motion of the platter creates a flow of air that acts as the cushion separating the head from the platter, without which the head would crash into the platter).
Spinning down and spinning up a platter is time-consuming and can take many seconds (even up to a quarter of a minute or more), whereas parking/unloading and unparking/loading the head takes a small fraction of a second (though it's enough to substantially impact access latency vs. the case where the head isn't parked).
With WD green drives (and many notebook drives), the head parks very frequently. Often once every few seconds. If you've ever heard a drive clicking every few seconds (not as loud or frequent as the click-of-death, which is a different sort of click), that's the head being frequently parked/unloaded.
Unloading/parking used to be done mostly as a preemptive safety precaution on laptop hard drives. By unloading the head when you're idle, it reduces the amount of time the head is floating above the platter, thus reducing the probability that the head is in a position to crash into and damage the platter in the case of a sudden jolt. Some drives also have motion detectors that will essentially do an emergency park of the head if it thinks that it's falling. You don't see this on 3.5" drives because desktops and servers are not subject to the jostles of a mobile computer.
As someone has already pointed out, parking doesn't really save much in the way of energy because the largest consumers of power in a HDD--the spindle motor and the chipset--are still working. Spec sheets list power for load (when the head is busy writing or reading), idle (when the drive is spinning, but the head isn't doing anything--it may or may not be parked), and standby/sleep, where the drive is spun down. They have never released separate numbers for "idle, head parked" and "idle, head still floating above platter", probably because any difference between them would be lost in the rounding.
Which is why the aggressive parking on the WD Greens is strange, because, unless the drives are being used as portable externals where maybe one might have to worry about laptop-style movement, frequent parking just doesn't make sense because it doesn't save any power and just causes unnecessary amount of extra head movement.