Full disclosure: I work for a competitor to both GCE and AWS. tl;dr: Until the fundamental issue of trust is addressed, customers will applaud the price drops only because they look forward to AWS responding in kind, not because they plan to actually deploy on GCE. In my experience, GCE has not been a factor in the public cloud market to date. They seem to have a fundamental misunderstanding in that they (apparently)…
> AWS services do not have a trust issue Somewhat mysteriously, perhaps, given a history that has included a series of fairly high profile outages.
http://en.wikipedia.org/wiki/Amazon_Web_Services#History
When AWS made the news in late 2012, it wasn't good news, it was breaking the internet.