Just be forewarned it doesn't seem to offer one iota of IAM, so whether or not one is "overpaying" for a cloud provider depends on what you're getting from them. If you mean "rent a machine," then likely. If you mean "have the machines heal themselves instead of Pagerduty waking me up" then reasonable people can differ about where that money is going

FWIW, https://lowendbox.com/ is good fun for the former set of things, too