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Take a look LowEndBox, and the related forums LowEndTalk.

The first site collates prices/deals, where you can filter by location.

They also carry out a quarterly survey as an attempt to gauge customer satisfaction for each provider (http://www.lowendtalk.com/wiki/top-providers).

I've been looking for a VPS recently and found the above 2 sites very useful.

That site (LowEndBox) is full of sketchy deals, and a lot of companies it promotes stop existing a few months afterwards.

It shouldn't surprise anyone that choosing their VPS provider by price alone can be a bad idea, but I really don't recommend it.

Yes and No.

You have to look at the companies with a critical eye but there are well established ones.

Buyvm.net is a no fuss provider and they have been around for a while.