[luhn]

I think they mislabeled the pricing. If you look at the per-hour pricing ($0.0506/CPU-hour and $0.0127/GB-hour), that translates to $0.00084333 and $0.00021167 per minute, which is a pretty reasonable price. This also makes sense in light of their recent announcement of per-minute EC2 billing.

[NathanKP]

You are correct, we mislabelled the pricing on launch, it is corrected now. The correct values are:

    $0.0506 per CPU per hour
    $0.0127 per GB of memory per hour

[ntrepid8]

Hopefully this is the correct math for their example 1:

(1 * 2 * 0.00021167 * (600/60) * 30) + (1 * 1 * 0.00084333 * (600/60) * 30) = 0.380001

Because that's much better than the original:

(1 * 2 * 0.00021167 * (600) * 30) + (1 * 1 * 0.00084333 * (600) * 30) = 22.80006

[ntrepid8]

Ah yes, that makes much more sense. Hopefully they will update the pricing page with the correct values soon :)

[dd_says]

That is correct