With all of the talk about Cloud Computing, and where it is headed and what it is evolving into, let's not get too far ahead of ourselves.
When companies wanted to get out of paying the capital expense of their computing hardware, software, and storage arrays, etc. they outsourced it to companies like Savvis, Terremark, and Navisite where they pay one monthly nut for new hardware, software, and 24x7x365 support by people who know what they're doing.
When I look at cloud, it's the same thing on a micro level...
'I need disk, memory, and CPU cycles and I need to rent them. I need them to be elastic, on demand, and automatically provisioned.' Isn't it managed services with an hour by hour/day by day/week by week contract? All the components are cash bar vs. open bar?
Is this just an accounting exercise?