Ok, it's 2/3 times cheaper but the reliability is clunky as it's hosted on a single device.
With S3 I don't really care about what happens, do a snapshot myself, spend time restoring from snapshots etc. It's there. Worth the upgrade to me.
Also, not from Europe, ping not good.
Edit: also read horror stories about Hetzner, in my former jobs had problems with OVH. No service, unreliable.