Assuming it works. Seagate has been leading the Hybrid front which combines best of both worlds, SSD + Conventional HDD. Even if the SSD dies you still have the HDD to play around with, unlike SSD you atleast have your data intact. Now, there is a new technology being developed by IBM and it combines HDD and SSD technology, meaning you get fast read/writes and cheap/reliable storage. It's best of both worlds and the technology looks promising. Already major companies are backing it up.
So, hopefully in near future we would see something worth investing money in, I am going to avoid the SSD train because it does cost a lot and the performance gains aren't worth risking data over.
[TH="class: v14-header-1-small, colspan: 2"]Magnetic Racetrack Memory Project[/TH]
Today digital data is stored in two main types of devices, magnetic hard disk drives, and solid state random access memories. The former stores data very cheaply but, since it relies on the mechanical rotation of a disk, is slow and somewhat unreliable. The latter allows rapid access to data but the cost is about 100 times higher per bit than a magnetic disk drive.
At Almaden we are working on a radically new storage-memory technology based on recently discovered spintronic phenomena. One of these is a means of using spin currents to directly manipulate the magnetic state of nano-scale magnetic regions – magnetic domain walls – within magnetic nano-wires. This device, the magnetic race-track, is a powerful storage-class memory which promises a solid state memory with the cost and storage capacities rivaling that of magnetic disk drives but with much improved performance and reliability. This could provide another revolution in our ability to access and manipulate digital information.