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If you're going VPS, use a company that built its business around VPS, not a company that built a business on seeing how much it can oversell its shared hosting.

I use Linode personally, and it's rock solid.

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rock solid with a recent multiple-hour outage in the middle of the day?

http://www.linode.com/forums/viewtopic.php?t=4765

Reliability isn't measured by the recency of an incident, but in incidences per period of time. Reading the link above should be evidence enough that Linode's customers are generally happy with the reliability over the long-term.

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