Edit, as I found this (http://blog.rightscale.com/2008/08/20/amazon-ebs-explained/): "As a point of reference, our main database server is pretty busy and chugs along at an average of 17 transactions per second, which should total to around $4.40 per month. But our monitoring servers, prior to some recent optimizations, hammered the disks as fast as they would go at over 1000 random writes per second sustained 24×7. That would end up costing over $250 per month! As far as I can tell, for most situations the EBS transaction costs will be in the noise, but you can make it expensive if you’re not careful."