I have the same symptoms. On my unit, either the motor or the motor controller circuitry has gone bad.
To prove this to yourself, place a disc in the carrier and note the position it's in. Let it read and give results, then open the carrier - the disc would be in the same position - hasn't turned at all.
The other clue: When it was working I could hear the motor spinning. Now - silence and only the laser unit hunting for a track. Since the disc isn't turning, it will never find any track and thus gives the message "No Disc".
Just a hunch. :)
Dave
December 2006