We plan to do a blog post about this at some point, but we had the pleasure of seeing exactly how elastic the elb is when we switched Cronitor from linode to aws in February 2015. Requisite backstory: Our api traffic comes from jobs, daemons, etc, which tend to create huge hot spots at tops of each minute, quarter hour, hour and midnight of popular tz offsets like UTC, us eastern, etc. There is an emergent behavior t…
250 rps in absolute terms is not enormous; and peaks of 25 times relative to base load is not unheard of. What I think you are indicating is that you have a very unusual thing that ELB is not set up to handle: you go from base to peak load in seconds flat. Or even less? That's interesting and quite unlike the very common model of human visitors to a website ramping up, that ELB is likely designed around.
https://cloudplatform.googleblog.com/2013/11/compute-engine-...
My biggest issue with ELB is how long it takes for the initial instances to get added to a new ELB.. it takes f-o-r-v-e-r... I've seen it take as long as fifteen minutes, even with no load. I'm hoping ALB fixes that.