its more than that... basically nano tech is itsy bitsy tiny robots that are smaller than the human eye.. some of the places they'll be used are for heart problems.. they can be injected and clear out and obstructions. my uncle's friend is big into it at Rochester... which has a nano department that is making some huge leaps.
he was telling me that in the future they will make tv's out of this stuff that you can roll up like a blanket and store whever you want.
Fun Fact of The Day: Xerox invented the mouse.