For example, my team has people across the world for HW bringup, so we can't allow our code hosting or CI to be down for more than a few hours. Of course, backups have different uptime requirements, but as for everything, it's a tradeoff between features, of which an SLA is one.
Tarsnap's features are granularity of cost, reliability of storage, and encryption, but not 99.999% uptime.