"The best thing about the simplified pricing is that it reduces the number of volume metrics we had to think about from two (GB ingest per month and GB storage) to one measure (events per month). Events per month is something we can monitor usage of much more easily than GB ingest (which could sometimes blow up and be difficult to troubleshoot why), and thanks to Honeycomb's support for per-event sample rates, we can collect just the information that gives us incremental value, none that doesn't, and make much more efficient use of our volume metric."