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I know what it does, and you are not going to be getting prices that you can afford from anything backing to S3.

This (S3's storing everything so redundantly) is what I see as the main benefit that tarsnap would get you, since the encryption itself is the easy part---just GPG your dump before writing to tape.

Now, I might be strawmanning you. What does tarsnap get you in particular that tapes do not?



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