Last months bill for my entire Amazon account was $4.72. most of that was the glacier storage.
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Guess it depends on how much you trust that Amazon is going to steal your data instead of doing the thing you're paying them for, vs a house fire or media failure or whatever.
There's also pretty clear rules about unpaid bills, the data doesn't just vaporize.
This is what we call a "risk assessment", and imo if I must have that data available long-term, then a single copy on DVDs in a closet isn't good enough.