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I think the best thing you should be aware of is that cloud servers are really nothing more then a glorified Virtual Private Server. The reason why cloud is so popular is because of the pay as you go and for the provider the ability to easy switch the user and there setup on the fly because of the shared disk nodes.
You should be aware that unless it is your own private cloud network, cloud is no where near what should be considered a production environment. If you are doing anything that requires heavy diso i/o you should not go anywhere near it.
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