We lost instances out of several farms, luckily no known corruption.
But I agree the snapshots should use the same pattern the mysql dumps
do. It's basic backup practice to never overwite your last backup
with your next, it's like backing up to the same tape every night.
You are eventually going to get bit and bit hard. We created a task
to grab the periodic snapshots and store them off s3, but would still
like to have rolling snapshots.