Thunderbolt (originally codenamed Light Peak) is an interface for connecting peripheral devices to a computer via an expansion bus.  (Wikipedia)

Thunderbolt was explained to me as being the replacement for the USB.  It is a technology that allows super high speed transfer of data, which can also be daisy-chained between multiple devices.

With the 10 Gbps performance of Thunderbolt products you can (Per Intel)

  • Transfer a full-length HD movie in less than 30 seconds
  • Backup 1 year of continuous MP3 playback in just over 10 minutes
This technology was developed by Intel, and brought to market through collaboration with Apple.  This technology allows transfer of nearly all types of data.  You can daisy chain up to six devices by connecting them one to the other, and connecting to devices of various levels of performance will not slow the performance of any of the faster devices.
Check out the following links for more info:
Downsides to Thunderbolt
Make Tech Easier

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