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Holy cow, $60/month for one VPS strictly used for educational projects? You can find and build 10 VPS's (US based) on http://www.lowendbox.com for less than that, granted you wont be on Amazon's network, but for small projects and testing distributed services they are great.

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A $15/month micro would likely have sufficed, and you can get that down to about $8/month with a reserved instance.

An EC2 t1.micro instance costs considerably less than that and it makes a perfectly decent host for one or more low-traffic blogs.

On the other hand, hosting a blog on S3 means that it can scale to handle any conceivable amount of traffic.

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