Yes, you can now save your snaps & snapchat stories, forever, within the app.
Memories, which begins rolling out today on Snapchat for Android and iOS, is a new section of the app that you access by swiping up from the camera screen. In the past, you’ve been able to save your photos, videos, and stories from Snapchat to your phone’s camera roll. (“Stories,” of course, are what Snapchat calls the rolling 24-hour collection of photos and videos that you take throughout the day.) Now you can save them to Snapchat’s servers as well, and revisit them later in the Memories section of the app. – The Verge
There will also be a “For Your Eyes Only” section for you to save snaps to that will require a PIN.
Reactions are rolling in, & as expected, they’re mixed: