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For a recent project, I needed to find a good, reliable, and inexpensive cloud storage solution to integrate with my Drupal site. As we know, developers are creatures of habit, and we often reuse the same solutions for similar problems. In looking for cloud storage solution, I first went to the two main competitors: Amazon S3 and Rackspace.
I don't want to spend a lot of time on this topic, but I will say, first of all, that both companies are excellent choices and well-respected providers of cloud storage service. Both of them even have similar pricing. As it turns out, pricing was the major issue and the Achilles' heel of my project. In the worst case scenario, it was just too expensive to use either of them for cloud storage, and in the best case profits would be too slim to offset the worst-case threat.