Yes it will be possible to  have a 32GB memory card in the near future today announced they have developed the 32GB SDHC Class 6 memory card and is already showcasing the prototype unit at this year’s CES. If you happen to be in Las Vegas for the event, check them out at their booth #9405.This card offers top transfer speed of 20/mbit ,thats what panasonic are saying.Will we see these cards being used for HD Video’s ?

I hope so !