Seagate: 750GB in a 3.5'' HD

Seagate has added to its catalog a 3.5'' HD using the Perpendicular Recording technology and featuring a storage capacity of...750GB!
It will be available in SATAII and PATA. It will have 16MB of cache and a rotation speed of 7200rpm.
The price of this HD is currently not known, but without any competitors, seagate will probably make it quite pricey.
As usual, once formatted, the real storage capacity of this drive should be around 700GB.