Edit: So I'm working through a scenario in my head and trying to figure out how charging based on the peak hour isn't completely ridiculous.
I have 8GB stored to try out the system. This costs a whopping dollar per year. One day I decide to test out the restore feature. So I go tell Amazon to get my files and wait a few hours. When Amazon is ready, I hit download. I'm on a relatively fast cable connection so the download finishes in an hour. I look at the data transfer prices and expect to be charged one dollar.
But I didn't take into account this 'peak hour' method. I just used roughly 8GB/hour over the minimal free retrieval. This gets multiplied out times 24 hours and 30 days to cost 8 * 720 * $0.01 = $57. Fifty-seven times my annual budget because I downloaded my data too quickly after waiting hours for Amazon to get ready.