©2010 SPIE--The International Society for Optical Engineering. One print or electronic copy may be made for personal use only. Systematic reproduction and distribution, duplication of any material in this paper for a fee or for commercial purposes, or modification of the content of the paper are prohibited. The electronic version of this article is the complete one and can be found online at: http://dx.doi.org/10.1117/1.3294886DOI: 10.1117/1.3294886We consider M-ary signaling in page-oriented holographic storage systems that multiplex pages using three methods: conventional angular multiplexing throughout the volume, localized recording, and a combination of angular multiplexing within localized recording. We study the mutual information tr...