ennuiner writes "Over at Newsweek Steven Levy has a column commemorating IBM's introduction of the first hard drive 50 years ago. The drive was the size of two refrigerators, weighed a ton, and had a vast 5MB capacity. They also discuss the future of data storage." From the article: "Experts agree that the amazing gains in storage density at low cost will continue for at least the next couple of decades, allowing cheap peta-bytes (millions of gigabytes) of storage to corporations and terabytes (thousands of gigs) to the home. Meanwhile, drives with mere hundreds of gigabytes will be small enough to wear as jewelry."