title: AWS Amazon EC2 Spot pricing
body: <p>I'd like a non-amazon answer to this quandry...</p>
  
  <p>It looks like, via spot instance pricing, you could run an instance for 22 or 23 cents an hour, for as many hours as you want, because the historical charts for hours/days/months show the spot price never goes over 21 (22?) cents per hour. That's like half of the non-reserved instance cost for the same sized instance and its even less than a reserved instance would ever work out to be per hour. With no commitment.</p>
  
  <p>Am I missing something, do I have a complete and total misunderstanding of the spot/bid/ask instance mechanisim? Or is this a cheap way to get an 24/7 instance while Amazon has a bunch of extra capacity?</p>
  
  <p>Jeremy</p>