Mr. Fahrenheit writes in with a Wired story on research out of Arizona State, where researchers have "developed a low-cost, low-power computer memory that could put terabyte-sized thumb drives in consumers' pockets within a few years... The new memory technology — programmable metallization cell (PMC) — comes as current storage technologies are starting to reach their physical limits." PMC involves the on-demand creation of copper nano-wire bridges. It's said to promise memories that are 1/10 the cost and 1/1000 the power consumption of conventional Flash memory. Three memory manufacturers have licensed the technology and the first chips are expected on the market in 18 months.
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