GE: 1Tb micro Hologram Disc Readable by a Modified

Globally Mobile writes: "The Register has this article concerning GE announcement that it has been developing a 1 Terabyte DVD size disk that can be read by a modified Blu-ray player. Peter Lorraine, GE's lab manager, talking at an Emerging Tech conference last week, said that license announcements could be expected soon. He also mentioned the notion of disks having the capacity of 100 Blu-ray disks, implying a 2.5TB or even 5TB capacity, gained by increasing the number of layers used for recording. The discs will be used for high-end commercial niches initially and then migrate to consumer markets in 2012-2015.
Also here is a video of the technology explained.
.Wish we could see this sooner! Reminds me of the technology that Bowies charecter came up with in 'The Man Who Fell to Earth' Thanks to"