Having done hundreds of TCO analyses for customers moving object storage providers, this seems like it carves out a very interesting niche for Cloudflare. R2's higher storage costs (roughly triple) also make it a more manageable threat to specialized solutions like Storj DCS, Wasabi and Backblaze B2.

At Taloflow (https://www.taloflow.ai), (disclosure: I'm the CEO/Cofounder) we provide buying insights for cloud object storage (and soon other IaaS/PaaS). We will definitely be adding Cloudflare R2 to the mix.