Gmail is offering 1TB ?

You are currently using 1 MB (0%) of your 1000000 MB.

This is the message I see on my Gmail inbox page. Yeah ok.. You can count the zeroes again.
Is this a mistake ?
or is this a masterstroke from Google. When I heard for the first time about this 1 GB mail service from Google, I thought, they could actually make it “unlimited space” since very few people will even use up 1GB. Moreover, if someone really wants to upload 10GB, then he will just open 10 different accounts.
Lets wait to get confirmation over this.