Update August 2008: VPS Empire has been acquired by A2B2/VAserv, and all customers will be migrated over.
Via this WHT offer, VPS Empire, a “week-old” VPS provider according to the domain registration, is offering some dirt cheap VPS plans. For $6.95/month you get the following OpenVZ VPS:
256MB guaranteed/512MB burstable memory
5GB storage
100GB monthly data transfer
CentOS/Debian/Fedora Core
HyperVM
Yup. Under [...]