Look into this forum thread for answers to your question:
Thank you L10090
I was able to run secure erase and now I have my drive back.
A side note. I WAS running the latest Firware v 1.9.2 when I got the CTX 8MB error .
My confidence is a little shakey in this drive right now. I really hate to reinstall everything and use it again knowing I still run the risk of losing everything again should the power go out or I'm forced to hard boot.
Yes, I think it's normal to expect confidence to be shaken. There is no denying cases of where this bug has resurfaced with the latest firmware, even cases of new drives. I think Intel are probably working on it (as the 320 series is a current product) but it's hard to know what is going on behind the scenes.
My recommendation to you kawark, would be to take advantage of the decent backup imaging system built into windows 7. You can configure windows to schedule a backup (at whatever frequency you choose, and make it at a time when the computer is not in use). Using the entire system image feature, you can lose your SSD due to this bug (provided you don't lose system power during the backup process!) and all is not lost - simply only what changed since your last back up was made. That way, if you encounter this bug again, simply boot using a windows restore disk, point it to where your image is, point it to the secure-erased-recovered SSD and restore.
You will obviously need a HDD (either internal or external) for this to work. If you have a hybird SSD (boot) + HDD (storage/ etc.) configuration, then it's no issue.
Back ups are a good idea nonetheless, but do not feel like this is intended to solve the 8MB issue; merely a workaround for sudden data loss due to this issue for the time being.
The ball is clearly in Intel's court and I'm sure they realise this.
Cheers
My 160GB drive just got the 8MB bug 
I have the latlest firmware.
I'm in the same boat man and this is my second drive.
Hmm, when did this happen? Was it after you shut the machine down (properly), just powered it off without shutting down first or did you lose power?
The SSD issues i've seen seem to be related to power cycling machines or losing power, so far..
Just yesterday but this is the replacement drive to another that met the same fate. The OS locked up during a proper shutdown attempt and then could only be powered off with the power button Same fate met by the orignal drive but the first drive had several lock ups before finally biting the bullet. With this one there was no warning.
