We at Fotki were approached several times by Amazon, and they tried to make us switch, and every time we calculated, we were getting around $75..100K per month

We at Fotki were approached several times by Amazon, and they tried to make us switch, and every time we calculated, we were getting around $75..100K per month just for storage, not including traffic and other stuff... It is pretty much true that their price is 10x or 20x of owning your own hardware.