A new tape formulation developed by Fujifilm

I just posted the article A new tape formulation developed by Fujifilm.

According to a press release posted at WebWire, Fujifilm developed a method to enhance the IBM’s NANOCUBIC tape formulation to create a tape cartridge with 700GB of uncompressed storage…

Read the full article here:  [http://www.cdfreaks.com/news/12797-A-new-tape-formulation-developed-by-Fujifilm.html](http://www.cdfreaks.com/news/12797-A-new-tape-formulation-developed-by-Fujifilm.html)

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Tape? I am waiting for some other cheaper backup option that compresses as it concatonates several hundred gigs onto something the size of a CD or smaller. Current backup solutions to consumers are over several DVD’s or to another hard drive partition. Not very effective IMO.