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AnthonyW86 said:

This is nothing special btw, holographic technology has been around for years, also know as the holographic versatile disc(HVD). Early prototypes already hade a capacity of 500 gb(20 times that of a normal Blu-Ray) with a possible max capacity of 6 to 10 terabytes(6000-10000gb). Many big companys including Sony are active in the development of these discs, and plan on releasing 1tb discs  around 2019.

In the mean time although the current maximum for Blu-Ray is 50gb with 2 layers, there are already prototypes shown that support up to 10 layers, increasing Blu-Ray to 250gb witch will be more than enough for a possible PS4.

Besides gaming will probably move on to digital distribution in the future.

http://www.engadget.com/2010/07/22/tdk-inflates-to-bdxl-bringing-100gb-writable-blu-ray-discs-in-s/ blu ray is 100Gb
@flyingline download games are more compressed to save bandwrith

and the blu ray on the ps3 isn't more slow it have a more constant speed that xbox360 variable x12 drive.

difference go from 10mbps-30mbps at much out of hundreds.

and of course they are games line uncharted 2, killzone2, god of war 3, that do streaming from disc without installation and actually are the best graphics on consoles :)

and the reason that FF7 was on multiple disc was nintendo 64 couldn't hold it either there was no choice, but it hurted the game because u couldn't back track to some places.

its 21st century we got choice now, and its still an annoyance-