Also, standard has start up time of like a second vs minutes for the “flexible” version. Basically standard, with Python 2.7 is a true app engine, where flexible is just a container service which runs almost whatever you want.
People really shouldn’t try to position flexible as a new version of GAE. It’s a totally different service. If everyone who’s currently using standard had to switch to flexible, Many if their bills would go up. Is Google EOLing standard?
My guess have always been that the naming choice was an attempt at rescuing the somewhat bad PR they had with GAE Standard by "polluting" (improving) the GAE brand with this new thing.
(I was seriously concerned when I was told during the interview that they were using GAE on this job, but reliefed when it turned out to be GAE Flexible. However, I do miss some of the magic provided by Standard, but do not miss Python 2.7 and some of the restrictions.)