I currently have a quad code single processor dedicated hosting with 4GB of RAM at softlayer. I am contemplating upgrading to a dual processor dual core (or quad core). While doing the price comparison with the reserved large instance in amazon, it seems the price is quite comparable to similar dedicated hosting (maybe ec2 is little cheaper like to like).
Anyone has any other point of view or experience that can shed some more light on this? I want to keep the server running 24 x 7 and my concern is the processor speed (not sure what is amazon's computing unit capabilities) and RAM. For hard disk, I guess I will have to use the elastic storage to avoid loss in case of server breakdown!