Yes, the moodledata dir is what worries me. If I understand it correctly when you upload an updated zip file to update the moodle version you are creating a new environment, therefore your files go with old environment. Which is not something you want. Unless they figure out how to attach an EBS store or S3 as an environment path, it's not going to be feasible for us.
Hardware and performance
Hosting via Amazon Web Services and the new Elastic Bean Stalk for PHP 5.3
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