I'm not seeing the usage here. What would need a (very very) performant temporary storage that you could not achieve with io volumes ?
io1's top out at 32K PIOPS per volume and a 32K PIOPS 225GB volume would cost around 2100/month.
But an entire c5d.2xlarge with 225GB of local SSD will only cost around $283/month, and (based on i3 performance) will give you around 180K write IOPS.
Local SSD is just orders of magnitude faster if you need a fast place to put temporary (or replicated) data.
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