Three news items caught my eye this week. First, Microsoft has released the Xbox 360 Elite that supports HD and has 120 gigabytes of storage. Can a laptop (or mobile phone!) with a terabyte of memory be far off?

Second, Yahoo! has announced that their email customers now have NO LIMITS on their email storage. I guess the 2 GB limit was just too constraining for some. Now you'll never have to throw away any email. Heck, you can even keep your spam for all eternity.

Third, IBM announced a new, tiny optical transceiver chipset that can move data at speeds up to 160 GB per second, which is eight times faster than previous optical components. Yikes! 160 GB per second. So you could fill up your Xbox 360 in under a second.

Imagine the world we'd live in if the advances made in computer technology over the past 2 decades had been applied to transportation. Maybe GM would now be marketing a car with unlimited mileage. Or maybe we'd have a bullet train so fast that it's essentially a teleport device.