Based on his mention of SSD-backed instances (c3.large) being only $100/mo, I looked at EC2 pricing again to see if it had become more competitive. Turns out it only has 2x16 gigs of storage and 1 physical core. Looking at the c3.8xlarge instances, they're specced pretty much exactly like the servers I just built for $9k/each, except they have half the ram (60 vs. 128) and half the storage (2x320 vs 4x320). And they…
Your servers are also likely 2-5 times as fast in the CPU department too.