Does this mean I can set up a static website on S3, pre-pay fir the next hundred years of hosting costs and then pretty much forget about it? Because I would genuinely love to be able to do that.
This doesn't appear to actually shut down the resources once the preallocated spend is exhausted. Its just a way to pay for bills preemptively instead of when you receive them. Its an accounting thing, not a new feature.
I would be very interested in other credible perpetual hosting plans.