Haven't followed this all the way through, but dumping it my blog because, well, this is enormous :)

An American firm is poised to show off what it says is the world's first
holographic video recorder.

InPhase Technologies' system will make its debut at a broadcasting industry
show in Las Vegas from April 8.

The company says Tapestry will offer professionals greater storage capacity
and faster transfer rates than currently possible.

First generation disks used will be capable of recording 100 gigabytes on
video, enough for more than 20 compressed feature films on one disk.

http://www.techknowtimes.com/jump/v5i14013.html