For anyone who's interested, here's the requirements for the ME 16M Storage Cell
Requirements for 1 ME 16M Storage
=== Raw Material Requirements ===
Certus Quartz Crystal - 136 stacks and 44 extra (8748)
Certus Quartz Dust - 46
Diamond - 6 stacks and 23 extra (407)
Glowstone Dust - 20 stacks and 16 extra (1296)
Gold - 45 stacks and 36 extra (2916)
Nether Quartz - 41
Quartz - 51 stacks and 16 extra (3280)
Raw Rubber - 41
Redstone Dust - 285 stacks and 25 extra (18265)
Sand - 16 stacks and 33 extra (1057)
=== Left Overs ===
Fluix Dust - 1
Quartz Glass - 2
=== Intermediate Steps ===
Fluix Dust - 2 stacks and 36 extra (164)
Giga Storage Cluster - 3
Glass - 16 stacks and 33 extra (1057)
Kilo Storage Cluster - 27
ME Advanced Processor - 5 stacks and 44 extra (364)
ME Basic Processor - 45 stacks and 36 extra (2916)
Mega Storage Cluster - 9
Nether Quartz Dust - 41
Quartz Dust - 51 stacks and 16 extra (3280)
Quartz Glass - 4
Raw Plastic - 41
Redstone Diamond Chipset - 5 stacks and 44 extra (364)
Redstone Gold Chipset - 45 stacks and 36 extra (2916)
Silicon - 51 stacks and 16 extra (3280)
Storage Block - 3 stacks and 51 extra (243)
Storage Cell - 34 stacks and 11 extra (2187)
Storage Cluster - 1 stack and 17 extra (81)
Storage Segment - 11 stacks and 25 extra (729)
Tera Storage Cluster - 1
I used the Fluix Dust Recipe that makes 4 if you use Plastic as well. The killer is the 18,265 Redstone.