Just hardware, eh? Wow! That's got to go down in the books as the understatement of the century!
Keep in mind that even though I am a scientist by profession (biology, psychology) I still have to say that your expectations for science and technology are unreasonable.
And while you expect great complexity, you still tend toward over-simplifying the problem. While it may someday be possible to precisely mimic the operation of a single neuron and then replicate it as many times as we choose, that still cannot function as a human brain. To use your phrase - THAT would still be just hardware.
It might be well for you yo remember the old maxim "the whole is greater than the sum of it's parts" and that applies perfectly when speaking of the brain.
A computer is a computer and is just a computer. Regardless of it's size, computing power and how much data it can store, it will still be just a computer - a number-cruncher and data analyzer. You cannot program it to develop a consciousness, to feel true emotions and many other human attributes. The brain and it's mind are much more complex than any inorganic mechanism. The whole really IS greater than the sum of all it's parts.