Good news! IBM scientists have been hard at work on a new type of memory that holds 100 times more data than the memory we're dealing with today. Dubbed "Racetrack" by the eggheads at IBM, this new memory has no moving parts, just like flash memory, but it can also write and rewrite over and over again without failing, which is something flash drives suffer from.

Can you imagine having an iPod-sized device with multiple terabytes of data on board? There's really not much you could even use such a thing for, but we're entering a time in which you'll be able to store an entire library worth of HD movies on a tiny storage device. Who needs Blu-ray? Bring on Racetrack!

Drugde Report, via CrunchGear