I've looked at Amazon S3 and it costs roughly $4746 per month for 100 megabits/s (which translates into 31,640 Gigabytes of data transferred. That's at a rate of $0.15 per gig.)
I haven't found a cheaper "cloud" option. I'm curious if there's any other cloud hosting option out there cheaper than S3. Uptime is not an issue because I can build failover for most things into the browser. e.g. I can use javascript to say "if the image didn't load then go to this other URL instead."
FYI I'm currently using a colocation facility which is about 30% cheaper than S3 and I'm familiar with colo prices - so this question is really about "cloud" services and by that I mean services where I don't have to worry about the infrastructure.