Bought a used iPhone 7 for a specific project requiring a supported OS (iOS15) and having a hardware security module and the phone worked fine for that but Microsoft Authenticator refused to install below iOS 16 for no obvious reason.
This is just the storage cost. That is they will keep your data on their servers, nothing more.
Now if you want to do something with the data, that's where you need to hold your wallet. Either you get their compute ($$$ for Amazon) or you send it to your data centre (egress means $$$ for Amazon).
1. 'office' cloud services - now you just need a browser for majority of docs/sheet/slides tasks
2. gaming - while it was possible back, but it was really hit or miss with a game. Nowadays vast majority of games work on Linux out of the box.