pricing compared to s3:
assuming 5,000 photos ~5gb of data.
$0.15 for storage
40gb of outgoing traffic is $4.80
So you're basically paying double the s3 prices for convenience. This service also does image manipulation and cdn integration. So you should also calculate your expected cost of using ec2 and a cdn. (BTW not ripping on the op. I like the service and was genuinely calculating the costs for my own use case).