The first 1TB or terabyte hard drives were just about ready to hit the market roughly two years ago. And in those two years since, there really hasn't been much development in the way of expanding those capacities any further. Oh sure, more manufacturers have released 1TB drives, and prices have surely fallen steadily, but there are only a handful of drives larger than 1TB. I'm not sure if we've hit a watershed as far as demand for increased capacity goes, or whether the apparent lack of progress indicates a technological hurdle when it comes to going bigger. Perhaps it's a bit of both.
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