Yes. SD cards for photo/videography now reach 64GB. My iPad has 64GB flash; you can be sure the next version (with "retina" display demanding much more storage) will be at least 128GB. iMacs have 256GB flash storage as an option; this will make those much cheaper. Phones, now maxing at 32GB, will soon be there.
Yeah. The DASD farms we both knew back then as storing the "digital crown jewels" of the corporation at costs of millions for equipment & personnel are now squished into your pocket for convenient access to your music & video entertainment at a cost of a couple day's pay. ...and at the same time, Google is well on its way to living up to its name (meaning "10^100") in storage capabilities.
Oy.. I worked at a DOD contractor who shall remain un-named except for unofficial moniker of "Shade-tree AeroSpace" for their aviation branch....
They had one of those. Robot arms and mechanical devices moving large hot-plug devices. I won't say the numbers that thing sold for.... But it took more room than my house.
Kurzweil was right. Log/Log growth is kicking ass.
/johnny