R2's final pricing isn't yet announced, but my understanding of the quoted section is that R2 will charge for storage operations (API calls), what S3 calls "Req

R2's final pricing isn't yet announced, but my understanding of the quoted section is that R2 will charge for storage operations (API calls), what S3 calls "Requests & data retrievals" on their pricing page [0]. But _egress_ (bandwidth) fees, which can be the most costly component of an S3 bill, are totally eliminated. S3 — Charges for amount of data resident on disk, amount of data retrieved, and each API call R2 — Charges for amount of data resident on disk and some API calls (over a threshold). No charge for data retrieved. [0] https://aws.amazon.com/s3/pricing/ https://aws.amazon.com/s3/pricing/