Wow!  Just sat through a demo by one of our senior developers.  I would not call this cloud computing. To me it looks more like virtual hosting.  We have recently put our Docova Document Mgt system up on Amazon EC2 and I have to admit I am blown away.  We still have a lot to learn, especially on the billing and disaster recovery fronts, but the ability to create a  server in a virtual environment makes you wonder if in the future having the physical box is really that important.  Drop in to our Docova User Group June 22 if you want of glimpse of what this new offering is all about.