AWS AMI VMs for < $20/m

According to the AWS Price Calculator and the AWS Price List you can now get started on Amazon AWS for less than $20/m if you choose a AWS Micro AMI instance with no storage:

• 613M of memory
• 0G 'EBS' storage

will cost ~ $19/m

However a more useful a AWS Standard AMI instance:

• 1.7G of memory
• 160 GB 'instance' storage

will cost ~ $70/m