Ricoh soon will announce a new CD-RW drive with the codename "MP7240". The drive will support 24x writing, 10x re-writing, 40x reading among with JustLink and JustSpeed technologies. The drive's estimated retail price is yet unknown and as for the shipping date, you should expect it middle of October 2001.

Product features:
Writing Speeds: 4x, 8x, 12x, 16x (CLV), 20x , 24x (Z-CLV)
Re-writing speeds: 2x, 4x, 10x (CLV)
Reading: 40x (CAV)
2MB buffer
ATAPI interface
JustLink anti-buffer underrun technology
JustSpeed quality monitor system
Writing mathods : Disc At Once, Session At Once, Track At Once, Multi-Session, Packet Writing
Writing format : CD-DA, CD-ROM, CD-ROM XA, CD Extra, CD-I, Mixed-Mode CD, VideoCD, PhotoCD , CD TEXT, Bootable CD
Average access time : 100 msec. (40x)

from:http://www.cdrinfo.com/