Saw this ads on WHT, where Justgotvps.com is selling their low end “Starter Root” VPS at just $4.95/month (or $4.16/month if you prepay for 12 months). The spec:
108MB guaranteed / 256MB burstable
5GB storage
10GB data transfer
50% CPU time
OpenVZ is used. The presentation looks like “Justgotwebsite”. Server is with Zanadoo.com in San Diego.