BetaNews | Hitachi: 1 Terabyte Hard Drives Coming:

Hitachi Global Storage Technologies on Monday announced plans to build hard drives using perpendicular recording technology that it says could allow for 1TB desktop drives and 20GB microdrives. The terabyte milestone is still a ways off, however, as Hitachi estimates the new drives won't reach consumers until 2007.

So, in about a year, having a couple of TB lying around home isn't out of the question. Of course, this will be a Version 1 product when it first comes out, so I wouldn't be too keen on using it for serious production work, but it should be a good proving ground for the technology, as well as driving down the prices of smaller disks that are already on the market.

I love progress!