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OpenVZ is fine. Everything you hear about it is BS. The only problem with OpenVZ for most use-cases, is when it's oversold. But I can tell you from previous experience with VertVPS, they don't oversell. Their servers are reliable as any OpenVZ provider, if not better.

Generally OpenVZ performs just as good, if not BETTER than KVM because there's no virtualisation overhead.

If you think the price is high on @coolty's service, you don't want to see other providers...

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