[ChuckMcM]

The way I was accounting for it you have to replace the drive in 3 years, you have 3 drives. So you've got a cost of $210 that recurs every three years (purchasing the drives). If you distribute that cost across the 36 months that is a $5.83/month fixed cost (doesn't vary by storage usage because you have to replace the entire drive). Unlike Google which can amortize depreciation on a per-GB basis because they are spreading out the replacements amongst many thousands of drives, as an individual you're on the hook for your own drives regardless.

[AlisdairO]

right, but the point being made was that the storage fee Google/S3 charge is not a one-time thing - it recurs monthly.