Eventually perhaps, but adoption of that standard will be quite a few years out. IBM had developed an 8-layer florecent dye based through-recordable and multi-bit (depth) readable media about ten years ago I think. We haven't seen that on the market yet, and I believe it was in the hundreds of gigabytes. I wonder if this is the result of the continued development of that idea. Mempile has a way to go yet - especially to get it to market.
Heh, Toshiba was back at it a few months ago touting a new "HD" DVD format yet again. That was supposed to be a new "competitor" to Blu-ray, but apparently they have no intention of releasing it outside of Asia.