Like a Steel Trap

Parkin invented a spin valve sensing device in 1989 based on the giant magnetoresistive effect, which was used to increase disk drive capacity 1,000-fold. "Then we invented the use of the magnetic-tunnel junction (MTJ)--a sandwich of two magnetic layers separated by a dielectric--which we used to build the first magnetic random access memories in 1999.

"The third generation is the racetrack, which could replace all nonvolatile memories, including flash memory and hard-disk drives," Parkin claimed. (Full Story)

So "racetrack" is where we are headed after flash memory. We've come a long way from punch cards, but what I really want to know is if this "racetrack" will help CS3 programs open quicker. . .