I'm very curious about the price of those :
http://www.smartstoragesys.com/products/ulltradimm.asp
Of course, it isn't affordable, but if the 400GB model is around 2K$, it would be a very interesting option for server fast storage.
I suppose, but am not sure, that you can put standard RAM next to it. Otherwise, I don't know how to use those. Any server still has to have regular RAM to work well, plus flash storage (or mecanical drives) to store the long term data.
Imagine an HP Proliant DL360p, which has 24 DIMM slots, with 4 DIMM used for 32GB sticks (2 per socket) and the remaining 20 DIMM slots filled with 400GB UltraDIMM. You could even add up to ten 1.2TB 2.5" 10Krpm SAS drive for slower storage and either a dual port FC 16Gb or QDR Infiniband HBA in the PCI-E slot. It would smoke any 3PAR StoreServ SAN and take only 1U of space. Put two of those for redundancy and that would be a formidable SAN solution.