Right now we sell 10TB blocks for $9500/year.
This works out to 7.9 cents/GB, per month, so 7.9x the glacier pricing. However, our pricing model is much simpler, as there is no charge at all for bandwidth/transfer/usage/"gets", so the 7.9 cents is it.
7.9x is a big multiplier. OTOH, users of these 10TB blocks get two free instances of physical data delivery (mailing disks, etc.) per year, as well as honest to god 24/7 hotline support. And there's no integration - it just works right out of the box on any unix-based system.
We had this same kind of morning a few years ago when S3 was first announced, and always kind of worried about the "gdrive" rumors that circulated on and off for 4 years there...
2013 will be interesting :)
The wonky pricing on retrieval makes this inordinately complex to price out for the average consumer who will be doing restores of large amounts of data.
The lack of easy consumer flexibility for restores also is problematic for the use case of "Help, I've lost my 150 GB Aperture Library / 1 TB Hard Drive"
The 4 Hour retrieval time makes it a non starter for those of us who frequently recover files (sometime from a different machine) off the website.
The cost is too much for >50 Terabyte Archives - Those users will be likely be doing multi-site Iron Mountain backups on LTO-5 Tapes. After 100 Terabytes, the cost of the drives is quickly amortized and ROI on the tapes is measured in about a month.
The new business model that Amazon may have created overnight though, and beats everyone on price convenience, is "Off-Site Archiving of low-volume low value Documents" - Think Family Pictures. Your average shutterbug probably has on the order of 50 GBytes of photos (give or take) - is it worth $6/year for them to keep a safe offline archive of them? Every single one of those people should be signing up for the first software package that gives them a nice consumer-friendly GUI to backup their picasa/iPhoto/Aperture/Lightroom photo library.
Let's all learn a lesson from [Edit Mat, one t] Honan.
Really? Why? If you have say 10 years of home pictures/movies, and you know they are 100% safe in Amazon Glacier, why do you need them all on your new computer as fast as possible? I don't understand why its such a rush.
If it's a rush, you pay the fee. If you can afford to wait a month or two or three to get all the data back for free, you trickle your pics/movies back to your new computer one day at a time.
It seems Amazon charges by the peak hour, so if you can throttle your retrieval so that it takes 3 or 4 days to get the data back, the fee would be a lot less.
A 5 GB per hour download would cost $36 for the month. You could download your entire 3TB files in less than a month for $36. So I don't think that's a crazy fee when your computer was destroyed by a fire...
To get your data back in a week requires 17GB per hour, which is $128. Not unreasonable either considering the urgency and the circumstances.
So uploading as well as downloading would have to be throttled. But this sounds like a superb way to store all those pictures and movies of the grandchildren, especially for those who don't have a son with a LTO drive ^_^. All the other alternatives are lousy or a lot more expensive.
A Full Document restore isn't done over the Internet, I have Backblaze fedex me a USB hard drive - though, unless something has gone really, really wrong (Building burned down?) - I have a within-a-week old or so SuperDuper Image of my Hard Drive.
My Use Case for Glacier is Dropping a 10-20 year archive every 5 years. 50 Gigabytes of data will cost me $120 to leave their for the next 20 years. I can make good use of that.