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This is huge. We were about to develop an web application in our company to achieve this very functionality.

As we have dozens of clients and projects, we want to give our developers full access to developing and staging resources they are currently working on.

It's awesome! Although I'm not (yet!) in the position to use it, I can really see how useful it is for larger teams or projects. It always amazes me how AWS just keeps pushing new features while lowering their prices at the same time.
"Amazon AWS"? I think you mean "Amazon AWS Web Services".
Which then translates to, "Amazon Amazon Web Services Web Servies"
Yea! But when do we get drains for Elastic Load Balancers?
Most comparisons of AWS to other services focus on price vs. performance. But that is only part of the total cost of building a solution. It is the software ecosystem around AWS and functionality like this that really makes AWS shine in comparison to its rivals