A couple of days ago Google has announced cheaper prices for extra storage.
Storage space is being used in Picasa Web Albums, Gmail and Google Docs.
Here is the summary of the new prices:
This is even cheaper than the Amazon’s S3 service, which is currently at $0.150 per GB per month. 20GB would cost $3 per month, or $36 per year (without calculating the data transfer costs).
We might be getting closer to the release of the rumored Google Drive.