EC2 Pricing

This Y-Combinator article <> says it best.  I have used EC2 since 2009 and the on-demand price of an m1.small has started at $0.10/hour.  Since the performance of the instance has seen little change, you would expect after one and a half years have elapsed the price to have fallen to 0.05/hour, and after 3 years $0.025/hour.  Instead the current price is $0.065 per hour.

When I initially subscribed to EC2 it was a great deal.  Now the pricing is becoming excessive.  With the advent of OpenStack, I see Amazon being forced to lower their prices.

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