SanDisk Corporation announced the 32-gigabyte (GB)1 SanDisk Extreme® III CompactFlash® (CF) card, the latest addition to its award-winning SanDisk Extreme III line. This new Extreme III CompactFlash has a 30MB/s (200x) read and write speed, and will retail for approximately $300 when it hits the stores in October.
Personally, I find such an uber-high capacity rather unnerving, since I'd be loath to rely on a single card during my photo-shoots. I much prefer using a handful of CF cards of 2 and 4 gigabytes to minimize risks of card failure.
However, let's not lose sight that new DSLRs with 20+ megapixels and video capabilities are expected to come to market. A 32 gigabyte card can replace videotape, and such a capacity means over 80 minutes of 100 Mbps, 10-bit, 4:2:2 HD video.