Looks interesting, looking forward to trying it put to see how it performs.
I'd be pretty surprised if they were going live with this without being able to deliver, especially since this is likely to be very popular with people using EBS for databases under fairly consistent loads. It's one thing for I/O to suck when they're not actually promising anything, but it's quite another when you're very specifically paying for a performance guarantee...
So...no? I mean, I don't have to complain about EBS, it's really simple, I just don't use Amazon's stack therefore I have nothing to complain about.
Now if I was somehow stuck on their stack...like from building my product against their proprietary infrastructure...then I'd be stuck on my ass and complaining for an overpriced and underperforming service.
Their recommended solution is to use their proprietary KV store.