USB 3.0 High Speed Technology Is Coming Next Year
With the increase in high definition content and storage technology moving to terabytes in household hard drive market ,Intel,HP ,Microsoft and a handful of other companies are joining hands to develop a new USB 3.0 technology standard which will boost the data transfer speed from 480 megabits per second to 4.8 gigabits per second.
The new USB 3.0 standard will be backward compatible like the USB 2.0 and will highly beneficial for the end users as the storage space has already improved dramatically over years.The new USB 3.0 technology will be optimized for low power and improved protocol efficiency as well as future
compatibility will also be kept in mind while designing them.
Jeff Ravencraft, technology strategist with Intel and president of the USB Implementers Forum (USB-IF) said, “USB 3.0 is the next logical step for the PC’s most popular wired connectivity. The digital era requires high-speed performance and reliable connectivity to move the enormous amounts of digital content now present in everyday life. USB 3.0 will meet this challenge while maintaining the ease-of-use experience that users have come to love and expect from any USB technology.”
The high speed USB 3.0 technology will be released in the first quarter of 2008 and i think it will surely cope up with our need for speedy transfers 
This will be another interesting thing to watch out for, but again the price is that matters.
should be costly looking at the rate of transfer.
nice news
I dont have money to buy a USB 2.0 ho ho
^^
will be buying USB 3.0 for sure but
Let’s just all settle on USB 3 as the universal standard for connecting wired devices, and 802.11n for wired devices. It would save so much confusion. Sure, Firewire 2400 will be faster and manage packets more intelligently, and eSATA is cool for external storage, but really, I’ll bet the vast majority of consumers would be willing to sacrifice these small advantages for the ubiquity of a true standard. One type of cable for everything. Hurrah!