Amazon S3 services function as warehouse for massive amounts of data for a low price. What may have seemed like a good idea at the time has now become a real problem for small to medium businesses that utilized the cost savings of Amazon IT.
For more information about the S3 service, please read The $80 data center: cheap computing or head in the cloud? | Service-Oriented Architecture | ZDNet.com. Dated November 2007, this post is amazingly accurate in outlining the pros and cons of simple storage service. It stops short of predicting disaster, but you can read between the lines.
No word from Amazon as to what actually happened or when service will be restored. According to this thread on the Amazon Web Services Developer Connection, Amazon is running trace routes and trying to find the problem. This is serious as users are giving advice to Amazon--and Amazon is listening.
I hope the cluster did not run afoul of one of the Valentine's Day worms that were circulating. Oh well, did not mean to go on. Just wanted you to know what was slowing the Internet down for the past few days. Scary, huh?