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it would appear that you are correct

"The dashboard not changing color is related to S3 issue. See the banner at the top of the dashboard for updates." https://twitter.com/awscloud/status/836656664635846656

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I very seriously thought that it was a joke to say that S3 was needed to show the red icon, but apparently they can't update the dashboard about the status of S3 because of S3.

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