At first glance I was pretty disappointed that I just reserved all my t1's last week. After seeing that the new instances are EBS only, I don't regret that decision.
It will be interesting to see how these new boxes handle after the CPU burst is over. T1 micro's were notoriously unreliable because of the CPU limitations.
This is actually a much better policy then the one in place 3-4 years ago when I had comcast.
Back then I had a cap of 150-200 GB/Month and if you went over they would give you a warning, but eventually boot you for repeated offenses. Now it looks like they will just charge you a bit more instead of kicking you off completely.
It will be interesting to see how these new boxes handle after the CPU burst is over. T1 micro's were notoriously unreliable because of the CPU limitations.