I’d said over on the Old Place back during the Blu-Ray/HD-DVD wsrs that people really liked their 7" optical media. I got down voted to hell for it then, but I’m glad to see I wasn’t totally wrong.
Cheap, high density media has its applications. Tape is still the preferred long-term storage medium for backups in a lot of industy sectors because still stores gobs of data, it’s dirt cheap, compact, light and it transports easily. If you don’t need it to be fast, or you’re regularly producing large scale data sets that are essentially disposable after some time, then it’s a good compromise.
No reason this tech couldn’t step into that niche when it hits the right price point.