If the declared value is $15 and there is no insurance on the package, that is the maximum anyone can be reimbursed. I suppose it is possible to be reimbursed something if the fault is squarely on the shoulders of the courier, even if there is no insurance on the package. You would have to raise Cain in order to get money back without insurance though.
If you do insure an item, just insure it for the amount the product is worth...or an approximation. Some international buyers will ask that you insure the item or declare its value slightly less than its actual cost. Each country has different customs laws, therefore if any imported item is over a certain mark, it will immediately be flagged by the customs office and opened for inspection. Honestly, I don't think you will have any problem insuring/declaring the Plextor drive for $100 to Canada.
The alternate method to avoid any possible customs inspection, aside from declaring it for $15 or less, is to check the box on the customs form which denotes the item being a gift. This is on the USPS customs form.
All in all, VEFF has made up his mind. He doesn't have to send this first drive internationally, and he has chosen FedEx as the domestic courier. Even if I had a gripe with FedEx, which I don't, I would still respect VEFF for his opinion and choice.
No, I like women.