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I saw that mining BTC with CPU is not profitable anymore, and that you'd lose money mining bitcoin. Is the same thing true of litecoin?

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    While the other question was technically about mining BTC and as such is not technically a duplicate, LTC mining on an EC2 node was discussed in an answer to this question – David Perry Apr 2 '13 at 21:38
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Yes it can be worth it, but generally what happens is if it ever is worth it then a huge number of people start doing it until the prices of EC2 are driven up and it is no longer profitable. Here is a good blog post about the subject:

http://da-data.blogspot.com/2013/12/briefly-profitable-alt-coin-mining-on.html

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Only if you use the micro instance with a free account for the first year.

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