After Amazon launched their new Micro Instances at EC2, I took a closer look at Reserved instances and I did some math. I'm currently using Linode 512 so I'll compare it to that.
Small Instance is 1.7GB RAM pricing for Reserved instance 1 year = $227.50 = $18.95 monthly = same as 512MB Linode 3 years= $350 = $9 monthly = 1/2 monthly price of 512MB Linode Linode 1536 $59.95 monthly = basically same price as EC2 Launch instance (not reserved) which is $791.4 per year
Now I don't want to say a bad word about Linode, I've been with them for about a year now and everything is really awesome.
But when I look at the math, I don't quite get it. Is there some huge hidden catch on EC2 that I'm not aware of?
I know that you have to pay for your bandwidth separately, which might get costy. Little math on that
EC2 - $0.15 per GB (first 10TB) Linode 1536 offers 600GB bandwidth = $90 in EC2 pricing
A question comes into mind here, would I use up that much bandwidth on Small Instance?
for 100kB page size = around 6 milion page views which is around 2 page views per second for whole month, which is 172 800 page views per day, since 30*24*60*60 = 2 590 000
In which case I wouldn't probably care if i pay $10 or $20.
Is my math wrong? At least from the computing power point of view, it looks like I could get 3 times as much for half the price.