Hello, everyone. I lurk LEB for good deals and have for some years. I'm a programmer and ran my own business doing web development and client site hosting for a long time (>6 years). I rarely see an objective, thorough review of services from many different providers, so I thought I'd buy services from about ten VPS providers advertised on LEB, run a few non-critical services on them for a year, and see how they hold up. I did this for myself, but since I'm sharing the results, I guess I'm also doing this for all of you.
Here's a disclaimer: As if it weren't apparent, I am only one person with one experience with these many providers over the last year, so just because a particular hosting provider completely hosed my VPS and then left me in the dark with bad support, doesn't necessarily mean it will happen to you. Likewise, just because a provider gave me the best service I've had in my entire life, doesn't necessarily mean you'll get the same thing. All of this being said, if you stick a thermometer in a bathtub full of water, you're going to get a pretty good idea of whether or not it's a good idea to jump in.
From January 30, 2013, to January 30, 2014, I was your thermometer. This review is limited to LEB-advertised VPS services. All of the services I purchased were under US $10/month in price, and generally those offers were VPS with under 1024GB of RAM. I didn't buy any 128MB of RAM VPS, meaning the VPS were all at least 256MB of RAM packages. These VPS were not the bare minimum packages offered, nor were they the best packages offered by providers. They were all middling offers of each of the providers, just that some providers offered more resources than others. This was by design. I'm not comparing providers to other providers, but comparing each provider against my own standards, and sharing the result with you. I ran non-critical services on top of CentOS 6.x 64-bit on all of the VPS purchased, by installing a few applications/scripts of my own on each instance, to give the things some work to do instead of just letting them idle.
I monitored uptime and response time via ping with multiple, physically-separate Nagios instances hooked into the Twilio API for SMS notification support, and a few system resources via the popular "bench.sh" script. All providers have some network downtime. That's a fact of life. But some providers had really disappointing uptime. As someone who's shopped around for rackspace at datacenters, I know some are better than others, and that's a choice the provider makes. I put the blame for network downtime on the shoulders of the provider.
Some VPS had better processors than others, but I accounted for this by being kind to the results. Therefore, I won't say "it had crappy speed" for a VPS with a core speed of only 700MHz, because it's a core with 700MHz and that's not fair. The only thing I care about is whether or not the VPS is sluggish for that VPS provider. Some providers were always sluggish, even with a high core speed rating.
As for support, I contacted support at least one time during the year for each of the providers to get an idea of what the support team was like. For some providers I was hard-pressed to come up with a reason to open a ticket, but I did so anyway just to get an idea.
Now for the meat of this sandwich. The providers I purchased LEB-advertised services with were, in no particular order: BlueVM, ChicagoVPS, FrontRangeHosting (now WireSix), Ramnode, HostFolks, Cloudshards, SecuredSpeed, EDIS GmbH, RansomIT, ServerHub, Webline Services (formerly YourDomainGoesHere).
See the top two comments for the actual reviews.