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In my case, we actually chose it, as we´re a Microsoft shop. Hasn´t been that bad, but we did experience 2 major outages in 1 year. Not sure how many outages are there on AWS.
AWS has had a couple cascading EBS failures in us-east-1 years ago which affected a lot of services since it's a foundational building block of the whole system. It's been a reason to prefer instance storage for quite awhile imo. I've run most everything in us-west-2 Oregon the last 5+ years and I can't remember a similar sort of outage there in that time-frame. A widespread world-wide outage like is happening now on…
One that does come to mind is the S3 outage a few years ago, which was essentially a global outage.