I’m working on a piece right now that discusses whether nanotech creates new markets or merely enhances old ones. One point that I make is that we are seeing a new skepticism in the way the popular media cover nanotechnology because there’s a frustration with the disconnnect that exists between promises and current reality. Nano promises everything, yet produces nothing but scratch-resistant paints, stain-resistant pants and better anti-bacterial soaps. It’s all neat stuff, but is this what the government is spending billions of dollars on? Where are my targeted drug-delivery devices? Where are my molecular memory chips? Or, if you haven’t already mind-melded with the NNI, where are my nanobots?