Amazon S3 - The future of all our storage needs?

Since I discovered Amazon’s S3 (Simple Storage Service) I’ve been curious about it.
Firstly, it has a very unusual business model; offering unlimited amounts of storage and bandwidth, charging you for what you use.
Their rates are also suprising low:

United States
Storage
$0.15 per GB-Month of storage used
Data Transfer
$0.10 per GB - all data transfer in
$0.18 per GB - [...]

CodeIgniter Multicache Library 0.1

After realizing that there’s quite a few people out there who are using Memcache or APC to cache content in their CodeIgniter applications, I figured it was time to build a nice library that takes care of that.
So, here is the release of Multicache 0.1
I haven’t really had time to test it yet, but I [...]