Price/perf of this is hidden by the tiny slice of hardware you get. Equivalent to my Hetzner machine would be 116 Euro/mo. before accounting for the 10x higher peak bandwidth, 2x capacity dedicated NVMe, 4TB of magnetic storage and 100GB of backup space I get for 60 Euro/mo.
I have no idea what "1 vCPU" means in this context but severely doubt it even means "1 hyperthread", unless the physical hardware were something like dual 16 core or single 32 core chips.
Definite pass