Oracle DBAs will use Oracle Hug pages to increase Oracle database performance : http://docs.oracle.com/cd/E11882_01/server.112/e10839/appi_vlm.htm#UNXAR394
The only requirement for huge-pages (2MB pages) is that you run a HVM instance. However, all the Oracle AMIs are PVM.
The only requirement for huge-pages (2MB pages) is that you run a HVM instance. However, all the Oracle AMIs are PVM.
For now to use huge pages with Oracle on EC2, the best option would be to go with SUSE HVM AMI and then install the Oracle Database on the EC2 instance.