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From CIOUpdate]
One of the more tech-geeky Cloud debates centers on what exactly Cloud computing is and whether or not private Clouds are a contradiction. Technically, perhaps, they are, but Cloud purists are already being drowned out by pragmatists.
Early Cloud leader, Amazon, isnt worrying about definitions. They recently released the Amazon Virtual Private Cloud (VPC) service, a Cloud-based offering that tries to mimic a private data center. The idea is that you can cordon off your resources just as you would in-house. You get many of the benefits of outsourcing, while mitigating many of the risks?even if many of those risks are perceived, rather than real.
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http://www.cioupdate.com/features/article.php/3842356/When-Is-a-Cloud-Really-a-Cloud.htm