Storage: From Highway Robbery to Runaway Bargain

Interesting item from PC Magazine (2 October 2007 pg. 21) - "Back in 1956, Don Larson pitched the only World Series perfect game, Elvis broke into the music charts with "heart-break Hotel", and a 5MB IBM hard drive cost $50,000. The price of digital storage has plummeted: Now you can have a terabyte for less than $200. If car prices had followed the same curve, you could buy an SUV with pocket change."

Implications of this have been obvious to the library world - Google Book Search is possible (along with Flickr, etc.) because storage costs are a small fraction of what they once were.

Article here: http://www.pcmag.com/article2/0,2704,2184654,00.asp