After stumbling into Amazon Web Services again I have finally checked their prices and am shocked. Positively. With their flexible billing and extremely low prices, is there any reason for still using a dedicated hosting for a website? The only one I can think of is keeping sensitive data confined to the intranet - but for publicly accessible services?
I know the above sounds like an advertisement, but I have - until today - dismissed EC2 as much too expensive, while it is cheaper than a budget web hosting. And S3 seems perfect for home backup solutions, either for one's private VCS or something like Bacula (easy to set up) / Box Backup (for the security-aware).
How does this billing system work out in real applications?
Could StackOverflow move to a cloud?