it should be yes, and i was going to use the LED on the drive, but due to its positioning on the drive the light couldnt be refracted through without being able to see the board through the hole...
I just looked at those online per your suggestion, however they seem no smaller than the one i used, the actual size of the drive isnt really a facter though since i took off the shell to begin with.
Edit: i did find the Sony Micro Vault Tiny USB flash drive - 8 GB
however its $100...and id...