Azure Reduced Pricing on Storage

Microsoft announced price reduction on it's storage service.  From the Windows Azure announcement:

We are matching AWS’ lowest prices (US East Region) for S3 and EBS by reducing prices by up to 20% and making the lower prices available in all regions worldwide. For Locally Redundant Disks/Page Blobs Storage we are reducing prices by up to 28%. We are also reducing the price of Azure Storage transactions by 50%.

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