Earlier quoted context omitted.
We don't pay for 100% uptime. We pay so that we don't have to put the time into operating a service. That way we have more of our time to focus on our business problems.
If you're willing to tolerate these kinds of outages, you don't have to spend much time operating a service, either.
If I own this service, it's not enough that I just reboot the service when it goes down. I'm now responsible for when it's slow, when it doesn't do what someone expects, when the user doesn't understand what the service does correctly, when someone forgets their password, etc.
"Foo as a Service" is as much (or more) about transferring the customer service responsibilities for dealing with the end users as it is for delivering the service itself.