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Gmail just revised their storage estimates for the next 1449 years. Googlified dug around in the code and discovered that you'll be getting a tiny increase to 2912MB on Friday, 4.2GB by October 23, 6GB by January 4 2008, 42GB by 2038 and 2.70266701 × 1072 TB by 3456. Google has since since confirmed by on the Gmail blog that the counter's speed has been increased.
Meanwhile, the paid storage is also getting a bump: $20 used to buy you 6GB extra, but it will now get you 10GB. The other prices are 40GB for 75/year, 150GB for $250/year and 400GB for $500/year.