It wasn't that long ago that getting a big, fast drive was fairly expensive. Those days sure passed quickly - via Nick Carr, I found this account of using Amazon's S3 for backup:
Two days ago I received an auto-generated warning from S3 about my account status:
"AWS was unable to charge your account based on the payment information you provided. Please update your payment method information using the Your Web Services Account section of the AWS web site."
Worried, he contacts his credit card company, and discovers that the payment issue was simple: Amazon tried to charge a penny, and that was too small an amount to process. So - Amazon just waived the fee. This was for a month's worth of backups, too. That's kind of amazing. It's a whole new world of utility storage out there.
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