When we first heard that InPhase Technologies was prepping a 300GB holographic drive, we found it a little hard to believe. After all, we're still meeting people who get weepy at the possibility of 100GB Blu Ray discs. But the company has apparently come through, and has announced that its Tapestry drives will be available this year, using media developed in partnership with Hitachi Maxell. According to the company, the 130 mm discs will have a transfer rate of 20 megabytes per second, making them usable for media applications. Now if only we didn't have to wait another three years for InPhase's promised terabyte discs.