MojoKid writes Seagate's just-announced a new 'Archive' HDD series, one that offers capacities of 5TB, 6TB, and 8TB. That's right, 8 Terabytes of storage on a single drive and for only $260 at that. Back in 2007, Seagate was one of the first to release a hard drive based on perpendicular magnetic recording, a technology that was required to help us break past the roadblock of achieving more than 250GB per platter. Since then, PMR has evolved to allow the release of drives as large as 10TB, but to go beyond that, something new was needed. That "something new" is shingled magnetic recording. As its name suggests, SMR aligns drive tracks in a singled pattern, much like shingles on a roof. With this design, Seagate is able to cram much more storage into the same physical area. It should be noted that Seagate isn't the first out the door with an 8TB model, however, as HGST released one earlier this year. In lieu of a design like SMR, HGST decided to go the helium route, allowing it to pack more platters into a drive.