I use this, but it can be a little annoying now that some sites like StackExchange block EC2 netblocks (I guess because they have lots of juicy content ripe for scraping). Yelp is another one that comes to mind that does this as well.
It sucks, but I can see the reason why they just blanket block EC2 rather than trying to find any more nuanced way to identify scrapers.
If I were running scraping bots on EC2, rate-limiting me isn't a real threat since the instant I get throttled for misuse I can just destroy the instance, start up a brand new one on a different IP address, and continue as I was before.
http://flatterline.com/index.php/2009/04/23/disposable-proxy...