I'm purposely leaving out links so not to appear that I'm spamming.
Caius said:
When an offer looks too good to be true, it usually is. What you save in money, you pay for in grief.
Agreed. I actually run a hosting and consulting company but am required to host my sites offsite. My VPS provider is on the rather high end of those listed there but I have had little problem with them. (Like three server reboots within the last year and a dropped ticket that I had to bump up to management. I can live with that.)
You're not going to get a decent VPS when the provider is selling 2 gigs of memory for $7 a month. That's massively oversold and going to be nothing but trouble.
On the other side, we have (to be blunt) idiots who ignore the 900+ mostly negative comments for some providers, still rent from them, and then wonder why they're having issues with the provider.
Unfortunately I face this nearly every day when I explain to yet another soccer mom why their previous 3 buck a month shared hoster promoting their "unlimited" space and bandwidth is a bad idea compared with what we offering.
One of the reasons why i said to be sure to review the comments.