Sensor Size and Moore's Law
It needs to be said yet again: one of the dominant factors driving the improvements in cost and speed summarized by Moore's Law is reduction in the size of the individual components on chips, and through that the size of the chips themselves. Chip size reduction reduces cost, and also can increase speed by reducing the distances that signals need to travel. At 3GHz, signals can only travel a couple of cm in a clock tick, so a 24x36mm processor chip would probably be too big to function at today's top clock rates.
I have not seen any evidence of a Moore's Law like rate of cost reduction for chips of a given size, including sensors in a given format. What retail price reductions there have been for 24x36mm format DSLR's (none at all for the 1DS series in over five years) seem to be explicable by reductions in the cost of other parts of the camera (5D compared to 1Ds and 1D models) and related increases in sales volume that improve economies of scale and thus allow lower markups.
Factors like this along with increased competition will likely bring prices down for 24x36mm format DSLR's somewhat, but to nothing like the extent of Moore's Law behavior.
To see Moore's Law at work in digital camera pricing, look at the digicam mainstream, where sensors and pixels keep getting smaller: first 2/3" and then 1/1.8" and 1/2" have been marginalized by the new favorites, 1/2.33" and 1/2.5".
Lens Size and Format Size
Also, Moore's Law does nothing to the size, weight and cost of lenses, so the smaller pixels rather consistently found in smaller sensors allow the use of shorter focal lengths to get equally detailed images over the same field of view, which is why smaller formats have a fairly steady advantage in lens bulk, particularly with telephoto lenses, and thus in overall bulk of kit with decent telephoto reach.
Anyone who has felt much need for focal lengths beyond about 300mm in 35mm format should be able to see the advantages of reducing the telephoto focal lengths needed, at least when traveling light and small is a priority. For this reason alone, formats like DX, EF-S and 4/3 will continue to be in demand with even fairly serious amateur and professional photographers, even if sometimes paired with a bulkier kit in a larger format for other purposes.