Absolutely right. Because the Maxtor is using PIO4 and is on the same IDE channel as the Fujitsu, it's causing the faster hard drive to also use PIO4. PIO-mode is pre-ATA technology. Whenever a device uses PIO, it must go through the processor to get to the system RAM. This can eat resources and increase CPU usage to 100% causing the entire system to slow down.
In order for your Fujitsu drive to operate at ATA/100, the motherboard must support it and must be using DMA (Direct Memory Access).
You'll want to either ditch the old Maxtor drive or place it on a different IDE channel. Just know that any device on the same channel is at risk!
~cdogg