830t/s is burst aggregate. ~500 is sustained and it's for 8 concurrent users. Meaning for $1.99/hour if you serve 8 users it's 8*$0.54, not just $0.54.

You shouldn't rent one out if you're just serving it for yourself, but from a financial standpoint if you sell to users you can take a 100% margin.

You get privacy for 4 times the cost

How is that economically viable? They are selling at a loss?

This is exactly what I came to say. The price of Flash is so cheap that trying to run it locally or with your own hardware is pointless. I was using it about a month ago to program some stuff and ran it for 4 days non-stop and it cost me about $2.