Sony Memory Stick - Another SmartMedia?

We've all been waiting for higher capacity Memory Sticks but it now looks as if it might suffer the same fate as SmartMedia. Sony is expected to show the new higher capacity Memory Stick - tentatively named "Memory Stick Pro" at the CES show next month. We don't know if it will be compatible with existing devices or not. The new MS Pro cards will be offered in 256MB, 512MB and 1GB capacities and feature higher performance. Read the entire story at c|net's News.com

12/14/02 update: According to Imaging-Resource's news article Sony had the following to say:

"The information presented on CNET News.com regarding new Memory Stick Pro media has several inaccuracies which seem based on rumors and conjecture. We urge you and your readers to wait for the official Sony press release."