Problem Renaming an External Hard Drive

Problem Renaming an External Hard Drive - SOLVED

Running an iMac with up to date Snow Leopard.

My external WD hard drive died, it was used for Time Machine. It's name was Black Hole, I would like to name it's replacement the same thing.

Unfortunately I'm getting an error stating the name "Black Hole" is already in use.

Is there any easy way to erase any memory of "Black Hole" on my Mac so I can name the replacement drive "Black Hole"?

I was trying to rename it using "Get Info" when I kept getting errors.

I used disk utility to erase and reformat the drive and I successfully changed it's name then.