Earlier quoted context omitted.
How big is a fully sequenced genome, as a file?
http://hgdownload.cse.ucsc.edu/goldenPath/hg19/bigZips/ ~800MB for human genome
Data from next-gen sequencers have many small overlapping segments though, so the raw output takes up MUCH more space.
By the way, for anyone looking for more information about some of the methods currently being used for sequencing (Illumina, 454), check out these videos from the WUSTL Genome Center:
http://gep.wustl.edu/curriculum/course_materials_WU/introduc...
They don't cover Ion Torrent, which is unfortunate because it is way cool. gourneau can probably point to a better video, but here are a couple for Ion Torrent:
http://www.youtube.com/watch?v=W3jPTBU9vF8
http://www.youtube.com/watch?v=yVf2295JqUg
...and the Nature paper:
http://www.nature.com/nature/journal/v475/n7356/full/nature1...