There's two fronts to why it's a low bar. The first is that it doesn't cover key platform features. I don't see anything about error rates on metric ingestion

There's two fronts to why it's a low bar. The first is that it doesn't cover key platform features. I don't see anything about error rates on metric ingestion or error rates/timing on sending out alerts. Being able to log in and look at metrics is like 4th or 5th on my list of things I care about. It also doesn't preclude a severely degraded service being considered up (e.g. a 25% error rate, but refreshing enough times will get it to load). DynaTrace, by comparison, does count the service as unavailable if it's unable to receive any inbound data. The second is that their SLA doesn't give out credits, it just allows you to cancel your contract in the calendar month following 2 months of not hitting their SLA. In other words, using their SLA means finding a new provider and migrating within ~30 days. It also means there's no real penalty to them for violating their SLA, since customers upset about the uptime would just not renew their contract. This just lets that happen at an accelerated rate. 99.8% is also not that high of an SLA (especially with what it covers). That's ~1.5 hours of downtime per month, which I would consider pretty average or even mediocre. That's almost a half hour outage per week. To me, 99.9% is good (~45 minutes/month) and 99.99% is impressive (~4 minutes/month).