The main problem that I see with this:
- most people dislike Oracle
- most people like Amazon
So I think at least initially, it will be about "approachability" rather than price and technical equivalency.
Everyone programmer can usually spin up an ec2 instance after about 10 minutes. With Oracle, I have the feeling that just registering to see documentation will probably be more than 10 minutes and you'd end up in a database somewhere to receive emails/phonecalls a few weeks later.