Amazon Changes the Game again

Techcrunch is reporting about Amazon’s Grid Storage Web Service called S3. You pay $0.15 per GB of storage, and $0.20 of GB Transfer. This is amazing, period. you have to remember that you need to pay for maintenance and hardware otherwise, and $0.20 per GB transfer is ok, even though not great. There are bound to be some interesting applications around that to pop up. I know Ingmar just finished a script to turn virtually any video file into a flash video, perfect for moblogging. Adding Amazon’s S3 you could store it there and just charge a small fine. You might even be able to recoup that with Ads. If you can scale down Videos to 1MB, possibly cache them somewhere if needed, then you just need a CPM of maybe $0.50 on Ads to be little bit profitable, without having calculated all that through to the end. Cool stuff.

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