Yeah, they scale down to their kimsufi line which used to have quite powerful dedicated servers for the price of basic VPSes from other providers.
e.g. They have a 4core, 16gb ram server for $22/mo which is 25% of what my preferred provider, Linode, charges.
Now, it comes with older consumer hardware (that one is a sandy bridge i5), and about as much support as the price tag suggests, as well as a dated management interface, but when I used to run a modded minecraft server as a college student, which needed excessive amounts of RAM and could be easily upset by load spikes on other clients, then it was a no-brainer, even if I would expect the modern-ish Xeons Linode uses to win on a core for core basis.