Just got some spam from Amazon announcing the availability of their RDS (relational database system). The idea is that they basically manage a mysql server for you, and data transfer between RDS and EC2 machines in the same zone is free.
Scratching out some rough numbers, that's about $85/mo for their low end db server.. backups included. They're also dropping the rate for linux EC2 instances, and that works out to about $63/mo.
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