There are some dealbreakers to me.
1. No Object history and locking. So there is absolutely no way to recover files when you do any kinds of mistakes.
2. No object tiering and storage is not that cheap. Although R2 egress is free, R2 is only 35% cheaper than S3 in terms of storage, but it is not cheaper than other alternatives. Furthermore, R2 is a lot more expensive than S3 infrequent/cold tier.
For example, Backblaze B2 is 4 times cheaper than S3, and B2 offers history/locking. When B2 egress is free up to 3x monthly storage, B2 is much better option than R2 for most cases if a considerably high egress is not needed.
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