[amazon-ec2] EC2 Instance Cloning

To Answer your question: now AWS make cloning real easy see Launch instance from your Existing Instance

  1. On the EC2 Instances page, select the instance you want to use
  2. Choose Actions, and then Launch More Like This.
  3. Review & Launch

This will take the existing instance as a Template for the new once.

or you can also take a snapshot of the existing volume and use the snapshot with the AMI (existing one) which you ping during your instance launch