So the prices are pretty much identical to Amazon EC2. Why would anybody choose an unknown player versus somebody very experienced like Amazon?
One thing I like about Joyent is they're not trying to solve hard-to-impossible problems like Amazon (e.g. EBS), but rather realistic and immediate problems (e.g. guaranteed disk latency). For all EBS's promises, the latter is vastly more important to me; I've had few problems EBS would solve, and a truckload that higher-quality I/O would.
Also, those analytics are nothing to sneeze at. That's worth almost as much as the IO.
Keep in mind that EC2 has only been out of beta for 3 years next month.