Does it put any limits on cardinality of metrics? Grafana cloud's offering was absolutely awful for my use cases. They charge per-series so if you have metrics with a "pod=..." label your prices go through the roof.
Like most metrics systems, under the covers in Prometheus each unique combination of dimensions is the same as a new metric line.
[0] - https://cloud.google.com/blog/products/management-tools/sre-...