No, magic doesn't inhibit technology, this is proven by a very simple 
thing.  If there is a force (IE fire) that will act a certain way every 
time you do something just so (drop gasoline one it)... then it is a new 
invention (naptha).  So therefore... Magic does not inhibit 
technology... it IS technology.  The onlly way that this would not work, 

Except magic is NOT a tool, it is simply another manifestation of human 
dexterity capable of fielding a wide range of other tools.  Let's consider 
the following illustration.

(snip)

That all depends the take on magic. In some cases it's just a manifestation of
human abilities, like psionics most people can't use it.

However, Magic could just be an application of skill. Like developing/using
technology, theoretically ANYONE can do it. When you get right down to it,
technology is NOT all the wonderful inventions we use day to day. It's the
application of intellect to do certain things using the forces available from
the world around us.

If you add another force, one that is not defined by modern science (magic)
then it follows that people will intellectually figure out how to manipulate
that force.

End result is essentially the same as what YOU are saying, except that magic
is just another manifestation of science and (ergo) technology.

Damien Roc