We consider spin relaxation dynamics in cold Fermi gases with a pure-gauge spin-orbit coupling corresponding to recent experiments. We show that such experiments can give a direct access to the collisional spin drag rate, and establish conditions for the observation of spin drag effects. In the recent experiments the dynamics is found to be mainly ballistic leading to new regimes of reversible spin relaxation-like processes.PACS numbers: 03.75. Ss, 05.30.Fk, The development of spintronics, the branch of physics studying spin-determined dynamical and transport phenomena was mainly related to solid-state structures. In these systems, spin-orbit coupling (SOC), one of the key elements of spintronics, is well-understood [1-4] and many interesting spin-related effects have been studied experimentally and theoretically. Very recently a detailed study of spin dynamics in ultracold atomic gases has become experimentally feasible [6][7][8][9]. In particular, two systems where SOC is produced by a special design of optical fields, attracted a great deal of attention. One of them is the spin-orbit coupled Bose-Einstein condensates [5,6], with the pseudospin 1/2 degree of freedom. The other class is represented by the cold fermion isotopes 40 K in Ref. [7] and much lighter 6 Li studied in Ref. [9]. In both cases, in addition to the SOC, an effective Zeeman magnetic field can be produced optically.Typically in solids, e.g. in doped semiconductors, a disorder, randomizing motion of electrons, plays the dominant role in the spin dynamics. The electron-electron collisions become crucial only at high temperatures, or in intrinsic semiconductors with optically pumped electrons and holes [10]. From this point of view, cold atomic gases offer a unique possibility of seeing basic effects of interactions in the pure form since the disorder is absent there. The interatomic collisions lead to the spin drag determining the spin diffusion and, as we will see below, can be important for the spin dynamics in cold Fermi gases with SOC.It is well-appreciated that in the presence of strong SOC the effects of interatomic interactions in the spin dynamics are difficult to analyze as this requires tracing essentially coupled orbital and spin subsystems. Fortunately, these dynamics become uncoupled not only for vanishing SOC, but also when it corresponds to an effective non-Abelian vector potential [11-23] of a pure gauge form, which happens in a broad class of systems. Remarkably, the three-dimensional (3D) fermionic gases with SOC realized in recent experiments [7,9,24] belong to this interesting class. For a pure gauge SOC the behavior of the physical system maps to that of a system without SOC, which allows to consider effects of SOC of an arbitrary strength. In this case all qualitative features of the spin dynamics are the same as for a generic SO field, but the analysis is much easier. Here we study spin dynamics for systems with a pure gauge SO coupling, where the entire pattern even if it is complicated by the interatomic interactions, c...