Impressively low as the data transfer cost already was for Amazon’s S3/EC2 service, they’ve announced that they’re lowering it even further.

I received an email today announcing new pricing structures:

Current data transfer price (through April 30, 2008)
$0.100 per GB – data transfer in
$0.180 per GB – first 10 TB / month data transfer out
$0.160 per GB – next 40 TB / month data transfer out
$0.130 per GB – data transfer out / month over 50 TB

New data transfer price (effective May 1, 2008)
$0.100 per GB – data transfer in
$0.170 per GB – first 10 TB / month data transfer out
$0.130 per GB – next 40 TB / month data transfer out
$0.110 per GB – next 100 TB / month data transfer out
$0.100 per GB – data transfer out / month over 150 TB

I use S3 for storing the images on my FlightSimX blog. It saves a good chunk of bandwidth, is extremely fast and the cost is stupidly low. I’d recommend it to anyone.