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IllegalPaladin said:
Great if you want to throw entire hard drives on a blu-ray disk for backup, but this probably wont mean much of anything for games.

Note that this is purely a read-only device, also manufacturing 16 layer discs is going to be pretty expensive..  Writeing on a 16 layer disc likely is a technological dream at this time. I also doubt that current mass manufactured Blu-ray drives (as the one used in the PS3) are mechanically precise enough to handle 16 layers.