Sure, yes, compared to the prices of storage 35 years ago, it's a bargain.
Compared to the prices of storage today, when people are presumably buying the product, it's actually a bad price.
Sure, but this thread started with somebody pointing out that these computer prices are in line with Mac SE/30 prices. I'm just carrying that over to cover storage and it's even more amazing how much we get for so little money.
But software also fit in 640kB instead of 640GB.
It still can, but until very recently the motivation for keeping software small wasn't there. I'm still hoping the tide is coming in.