Rather than using traditional magnetic or electronic means to store data, Millipede uses thousands of nano-sharp tips to punch indentations representing individual bits into a thin plastic film. The result is akin to a nanotech version of the venerable data processing 'punch card' developed more than 110 years ago, but with two crucial differences: the 'Millipede' technology is re-writeable (meaning it can be used over and over again), and may be able to store more than 3 billion bits of data in the space occupied by just one hole in a standard punch card.
http://www.research.ibm.com/resources/news/20020611_millipede.shtml
w0w.
Sorry if this is a repost, I did a few searches like "IBM storage" and "millipede" but nothing came up.....