Amazon S3?

So I’ve been all different sorts of busy getting up to speed at the new gig, and I seem to have completely missed the boat on Amazon’s S3 service. Is this anything other than what it looks like, and is the business model really as simple as it seems? Didn’t Xdrive do basically this a few years back?

Anyway, related to S3 is what looks like a very useful Flickr backup tool using S3. Pennies on the dollar backups for bulky media like photos and MP3’s stirkes me as pretty appealing.

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