So it's basically the same as setting up an EC2 node in AWS with WP? Which 'can be' free. Though I guess this service will be easier for people who not have the know-how or not want to bother for doing it themselves?
You are right, this will be more a "service aggregation". Basically we will be giving you the ability to launch, manage and customize WP instances. Not all hosting are equal and not all cloud providers can support "efficiently" a WordPress site. That's why we wanted to merge all together the possbilities cloud-based IT infrastructure has to offer with a great CMS. This will ensure your WordPress will stay optimized, updated, secure and scalable at least on the technical side. A lot more details will be available soon.
Totally agree, in fact we where not aware that our beta page was published on Hacker News :) Again, sorry for the lack of technical details here, will be done very soon.
Yes, kind of like wordpress.com but a little more flexible and consistent. This is NOT multisite (WP-MU) or anything like that. All the details will be available soon.