but 120 is at the expensive range of cable tv though?
and for 1TB / month, you would be providing a service equivalent of providing few hours of cable tv per day for what, 50-100 people?
you could run a fairly popular web forum for 100 bucks/ month, or an insanely popular walkthrough site, or the most popular nethack spoilers site there is.
you couldn't host a lot of videos, but who the fuck hosts videos apart from porn sites and there's only a handful of sites that actually host their own free porno anyways(most just link to the handful).
for majority of sites with written content or even video content(hosted on youtube or vimeo like everyone does now) it's just fine to operate on 100 bucks.
if you're doing data processing for 5 million people, that's going to cost you some of course. but even then it's probably not trivial data processing - and again, most people wouldn't be hosting mods or whatever for 5 million downloaders(it's not a small or even medium size operation to do that - basically you had more users than the most popular site in Finnish and the most popular sites in Finnish have you know, actual employees.).