@boulos, since it looks like you're involved with this: The link to the product pricing [1] goes to a generic landing page for Google services, which is a little confusing. I think you should link directly to the instance pricing [2].
Yeah, as part of our larger pricing announcement we're making sure people go to /pricing so they get a bigger picture before diving straight to the table ;)
[1] https://cloud.google.com/pricing/#compute-engine
[2] https://cloud.google.com/compute/pricing