Panix V-ColoVisit host
Panix's V-Colo $20 package comes with 360 MB RAM, 10 GB RAID 5 storage, 200 GB bandwidth, and free nightly rsync backups hosted on the Xen platform in the Navisite data center in New York.
Panix was founded in 1989 and is the third-oldest ISP in the world. Their control panel provides free reinstalls, reverse DNS, bandwidth graphs, and console access. They are also one of the few VPS providers to offer NetBSD as an OS choice (along with Debian, Ubuntu, Gentoo, Fedora, CentOS, and Solaris).