I think the industry is intentionally holding back on SD card storage capacity for monetary reasons.
Currently there are µSDXC cards with 2566GB on the market. Such a card has a volume of 165mm³. A full-size SDXC card has a volume of 1612.8mm³. That's almost factor 10 of available volume for additional flash cells. Of course, the contact area is bigger on full-size cards and the plastic housing is thicker, but since the volume/surface ratio is better for larger objects I'm sure factor 8 is still in it.
This would amount to 2TB, which happens to be the maximum storage capacity that is specified for SDXC. The SD Association has been criticized for being shortsighted on the matter of maximum storage capacity for SDXC right from the start btw.
I see no reason to assume that the Pyra will not be able to support that standard up to it's foreseeable limit. Since it should already be technically feasible, and SDXC cards tended to double their storage capacity every one or two years in the past, I'd expect to see 2TB cards on the market not later than 2020.
As for how much storage is currently possible for the Pyra, then 1.3TB is about right if you strictly stick to memory that could be considered "internal". However, there are very small USB sticks that would barely stick out of the case. AFAIK these come with a maximum of 128GB, there are two full-size USB ports in the Pyra, so you could increase your storage capacity by another 256GB this way.
Thinking even another step further, there are 2.5"/7mm HDDs available with 2TB. In case you're fine attaching one (or maybe even two) of those externally, you'll gain another 2 or 4TB. There are also 2.5"/15mm HDDs with 5TB. I'm not sure the Pyra would be able to power one of those via USB 2.0/eSATA, but it should work via USB 3.0. So combined with one of the 2TB drives you're gaining another 7TB.
There's been some talk about docking stations for the Pyra in the forums. If someone actually creates one, I think it might be worth thinking about designing it in a way so that it allows to fix a slim 2.5" HDD underneath the Pyra. Maybe something that looks like this (Pyra side view):
Code:
DDDDDDDDD
BBBBBBBBBXX
BBBBBBBBBPP
XXXHHHHHHXX
legend (roughly to scale, 1 character ~ 1cm):
D = Pyra display
B = Pyra body
X = docking station (general stuff)
P = docking station ports (forwarding Pyra ports, splitting eSATA from USB 2.0 to HDD)
H = 2.5" HDD in docking station
There would also be enough room for additional stuff besides the HDD in the bottom compartment that could be connected (e.g. a mini-PCIe slot) if the dockingstation includes a USB hub.