If you store it elsewhere, some paths in the backup.sh file will need to be updated. Replace the placeholder access key, secret key, and bucket name with the ones you obtained in the previous steps. When creating your bucket, remember that the name has to be globally unique. I have included in the zip file the one I have used called S3 Browser ( latest version). To create the bucket, you need of the S3 GUI applications that exist. These are what s3sync will use to authenticate you to Amazon. Once signed up, you'll need your Amazon access key and your secret key.
I wrote a simple step-by-step guide to setting you a Mac to sync with Amazon S3 here's the executive summary version: Amazon's S3 is an online storage solution you pay for only what you use ($0.15/GB/month, plus some transfer costs).