I've been looking for a cheap VPS or a Dedi for a week now and found myself on a conference call yesterday. It just went up on YouTube. http://www.youtube.com/watch?v=ENkO9UlyeHw It's AWESOME! You can get a (believe it or not) BH friendly server for something like $15 if you configure it correctly. irate: I set one up last night and it took about 20 minutes of work.
I don't know. Don't have experience with Amazon cloud but when I see the prices I think it can get out of hand very quickly I still prefer to use regular vps's and dedi's