On:
> Another issue with network-attached storage in the cloud comes in the form of limiting IOPS. Many cloud providers that use this model, including AWS and Google Cloud, limit the amount of IO operations you can send over the wire. [...]
> If instead you have your storage attached directly to your compute instance, there are no artificial limits placed on IO operations. You can read and write as fast as the hardware will allow for.
I feel like this might be a dumb series of questions, but:
1. The ratelimit on "IOPS" is precisely a ratelimit on a particular kind of network traffic, right? Namely traffic to/from an EBS volume? "IOPS" really means "EBS volume network traffic"?
2. Does this save me money? And if yes, is from some weird AWS arbitrage? Or is it more because of an efficiency win from doing less EBS networking?
I see pretty clearly putting storage and compute on the same machine strictly a latency win, because you structurally have one less hop every time. But is it also a throughput-per-dollar win too?