Dunno, but I'm not sure it would be that much more.
My impression was that the SNR when reading modern HD platters was so poor, the decoding process requires sophisticated FEC and expectation-maximization maximum-likelihood reconstruction algorithms. This suggests that you barely get 1 bit of data stored per raw bit on the platter (potentially, even less than 1 bit/bit).
I used to have a still camera that recorded photos onto analog floppy discs. Digital technology seems to have superceded that - and I can see why, the analog system was pretty poor.