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The recording density that has already been achieved with particulate media undoubtedly exceeds even the most optimistic expectations of most researchers in the field, who, long before the present state of development, had anticipated their replacement by thin metallic coatings or by some new and exotic formulation of novel particles. The old work horse not only survives but continues to lead the pack and even to demonstrate new spritness and vigor everytime it comes around the trackÜ And if one judges by the recent IBM announcements, the old horse will continue to dominate the field well into the next decade. To be sure of course, he is not running unassisted, since the rules of the race permit a formidable array of electronic, electro-mechanical, and other props to be used, and they have been applied profusely and to great advantage.