The cost estimates are particularly notable: if they're right that's a cost of about $3/day for 6TB/day of written data, 2TB/day of deletes and 50K read queries.
Storing all those TBs of data in S3 is where the real cost lies. I think it costs $5520 to store 8TB*30 = 240TB in S3, and if you retain all data your monthly cost goes up by $5520 every month.
The cost isn't that bad all things considered. Hot, durable and available data ain't that cheap, especially in the cloud. Self-hosting is within an order of magnitude.
It does work with "one more file" but it's not good for performance.
Not as easy as just appending metadata to a parquet file but in the other hand, parquet was never and probably shouldn’t be designed with that functionality in mind.