What i've been wondering for many years about is why such schema wasn't miniaturized? We have disk plates with high density in HDDs, and the magnetic head is physically moving. Imagine if instead of the magnetic head there would be a [miniaturized] lattice similar in principle to the one on this image http://sovietsouvenirs.com/catalog/images/ic/core_memory-15-.... The similar principle is used in flash memory, yet in the flash memory it is electrons trapped in the floating gate instead of magnetic domains with all the problems (durability, sustained write speed) of flash vs. magnetic disks.