Is there any way of getting the saved EC2 instance image and running it on virtualbox on my personal computer?
From the Amazon EC2 Instances view, you can create Amazon Machine Images (AMIs) from either running or stopped instances. Right-click the instance you want to use as the basis for your AMI, and choose Create Image from the context menu.
An Amazon Machine Image (AMI) is a master image for the creation of virtual servers -- known as EC2 instances -- in the Amazon Web Services (AWS) environment. The machine images are like templates that are configured with an operating system and other software that determine the user's operating environment.
The official way is only if it was originally imported into EC2
http://docs.aws.amazon.com/AWSEC2/latest/UserGuide/ExportingEC2Instances.html
If you have previously imported an instance into Amazon EC2, you can use the command line tools to export that instance to Citrix Xen, Microsoft Hyper-V, or VMware vSphere. Exporting an instance can be useful when you want to deploy a copy of your EC2 instance in your on-site virtualization environment.
You cannot export an instance unless it was previously imported into AWS
it looks like you can directly import/export ec2 and virtualbox/vmware images.
http://aws.amazon.com/ec2/vmimport/
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