This assume an infinite hard disk (or at least big enough). And even in that case, some info can be simplified to get faster access, and keep the details in a cold storage.
To revisit the past perfectly, you need a huge hard disk.
Video uses about 1GB/hour, that's almost 9TB/year. And now add something like 360° video, or a quality, or more fps. And now add all the other senses. To revisit the past perfectly, you need a huge hard disk.