S3 is much cheaper than the egress traffic. As such, this isn't so much about S3 because you'd be paying the same price for that traffic if you were using EC2 i

S3 is much cheaper than the egress traffic. As such, this isn't so much about S3 because you'd be paying the same price for that traffic if you were using EC2 instead of S3. Looking purely at the traffic price, I believe the word choice "overcharging" is warranted if you can buy the exact same product elsewhere for 90% less.