I was watching a video, and reading some blog posts of people's experiences with ec2. They were all simple examples of signing up, getting your SSH setup and how to create an instance based on an existing image.
I believe there are issues with static IPs? If you kill an instance, you lose the IP? What about storage?
Say I want to host my subversion repos, and a product website that uses SQL Server db. Are there some workarounds I have to do or is it straight forward?