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In this paper we introduce CACTI-D, a significant enhancement of CACTI 5.0. CACTI-D adds support for modeling of commodity DRAM technology and support for main memory DRAM chip organization. CACTI-D enables modeling of the complete memory hierarchy with consistent models all the way from SRAM based L1 caches through main memory DRAMs on DIMMs. We illustrate the potential applicability of CACTI-D in the design and analysis of future memory hierarchies by carrying out a last level cache study for a multicore multithreaded architecture at the 32nm technology node. In this study we use CACTI-D to model all components of the memory hierarchy including L1, L2, last level SRAM, logic process based DRAM or commodity DRAM L3 caches, and main memory DRAM chips. We carry out architectural simulation using benchmarks with large data sets and present results of their execution time, breakdown of power in the memory hierarchy, and system energy-delay product for the different system configurations. We find that commodity DRAM technology is most attractive for stacked last level caches, with significantly lower energy-delay products.