Yup. That sounds good. I'm still not moving to Linode. Slicehost fucking kicks ass. Everything it claims to do just works, with zero messing around. I have zero time to dick around with Linux kernel builds and drivers and ISOs and who-the-hell-knows. They could charge significantly more and it'd still be worth it to me.
Other people value their time and effort differently. Slicehost might not get them. I think they've factored that in. =)