The cheapest is a db.r3.large for $0.29 / hr
Is that included in the server cost? Or will you actually be paying ~3x the server + storage costs?
"Storage consumed by your database, up to 64 TB, is billed at $0.10 a GB per month and IOs consumed by your database are billed at $0.20 per million requests"
Sounds like the replication is included in this, but Amazon really should clarify that.
If you go to the normal RDS pricing, there's "Single AZ" and "Multi AZ" pricing. The Multi is 2x Single because it transparently runs the 2nd instance. http://aws.amazon.com/rds/pricing/
I certainly don't want to spend $7 a day playing around with RDS for fun!
I guess since this is MySQL-compatible it wouldn't be that hard to migrate from MySQL to Aurora, other than moving the data...
Moving data from one instance of MySQL to another is usually straightforward as a one-liner, piping a SQL dump from the old database into the new one over the network...
mysqldump -hOldHost | mysql -hNewHost
...and waiting.