USB 3.0 is being developed and it's 10 times faster than USB 2.0 -- from 480Mbps to about 4.8Gbps! That's significantly better than firewire.
The product was recently demonstrated with an optical cable but the same type connector. The blazing speed could download a high-definition movie in about 70 seconds.
It may have better power efficiency for attached devices. That could use less power on laptops and may allow more USB devices to be charged via the USB connection instead of an AC adapter.
Current plans are to market it commecrially in 2009.
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