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Yes, I guess first it would help if you tell us what you are looking to do.
Depending on traffic, MAS and Wordpress can eat up some resources, so go with a decently powered server. It sounds like you should consider a managed one as well.
OS: FreeBSD, Control Panel (if you require one) Direct Admin. With php and mysql you'll pretty much be ready for the most common scripts / applications out there - but like has been said, without knowing what you want to do it is a little difficult to answer.
Feel free to contact me to discuss things further.
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