I feel like the cloud hosting companies have lost the plot. "They can provide better uptime than us" is the entire rationale that a lot of small companies have when choosing to run everything in the cloud.
If they cost more AND they're less reliable, what exactly is the reason to not self host?
What is killer is when there is a KNOWN issue that affects YOU but basically only you so why bother fixing it!
I equate it to driving. I'd rather be moving at a normal speed on side streets than sitting in traffic on the expressway, even if the expressway is technically faster.