8 IPs per instance, max :/
Or, moreover (and this is a bit of a pipe-dream, but it's something I've been hacking on to make possible) picture running something like an Erlang node on a box, where each Erlang process gets its own IPv6 address, fully Internet-routable. This effectively makes Erlang into an SDN vswitch for ephemeral, featherweight virtual machines (which would be oddly similar to AWS's just-announced "Lambda@Edge".)