The LS-240 SuperDisk is an update of the older LS-120 technology model line announced in 2000 and released to the public in 2001.
Going on the name it is easy to guess that the newer SuperDisk drives read and write 240 megabytes per disk versus the older 120 megabyte size. This, of course, requires spacial 240 megabyte disks, but the drive retains the capability to read and write the older 120 megabytedisks as well as 720 kilobyte and 1.44 megabye floppy disks.
And speaking of floppy disks, the LS-240 adds another capability: useing a technology called "FD32MB", standard 1.44 megabyte floppy disks can be made to hold an astonishing 32 megabytes of data per disk.
Additionally, Imation has finally realized a critical blunder and has allowed other companies to manufacture compatible SuperDisk Media and as result the cost of the newer 240 megabytes disks promises to be 1/3 of the cost of the original 120 megabyte disks.
However, even though this is an exciting increase, the SuperDisks' nemesis, the Zip Drive, hasn't been resting on it's laurels -- the 250 megabyte Zip 250 was released almost a year ago.