I've wondered if someone could do the same thing with videos and jpgs. Amazon prime, as one example, allows you to store an unlimited number of image files for "free". What if there was a program that would take a video file and split it up into its individual frames as jpgs and stored them on Amazon prime. When you wanted to watch the video the program would rebuild the video file from the individual jpgs on AWS.
My guess would be that the latency of this approach would be far too high to be practical. But you could probably abuse the JPEG format to stuff bits of the video into image files. I think you'd probably still need to spend a fair amount of time buffering before you could start watching without lag.
