reports on Techcrunch
Amazon Web Service is launching a new web service tonight called S3 - which stands for “Simple Storage Service”. It is a storage service backend for developers that offers “a highly scalable, reliable, and low-latency data storage infrastructure at very low costs”.
Pricing is cheaper than anything else I’ve seen: $0.15 per GB of storage per month, and $0.20 for each GB of data transferred up or downstream. This translates to $15 per month for 100 GB of storage, net of any transfer fees (to move that much data on to S3 would be a one time cost of $20).