Interesting offering. I'm wondering how people feel about the $5 minimum? At 250GB storage and 1TB traffic, plenty of people using much less than 250GB and 1TB traffic would be better served with a pay for what you use model.
As an individual, $5 is easily worth it so I don't have to pay attention to how much I have in S3 and how much I download. I don't have to worry about getting a huge bill at the beginning of the month.