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> because 5€/m can get you hundreds of GBs of storage in AWS Glacier

Yes... until you want to take anything back out - then you're going to have to wait, and you're going to pay a lot more than €5

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Indeed, but it matters how much of the data you want to recover and how fast you want to recover it. Getting 100gb from glacier is not expensive at all if you can wait a couple of days.

When Glacier first launched I looked at pricing, and it was going to cost a lot to restore from backup if needed. But after your comment I checked the pricing again, and you're right - it's very much cheaper now that it used to be!

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