http://www.digitalocean.com/
Cloud VPS
Very fast and stable
Create new VPS in 60 seconds
Pricing starts from 5 bucks/month
Dedicated IP address
Enable Auto Backups - Pricing from 1 Buck/month
Full root access with ssh
Choose OS from their Big List
Pay as you use
Billed per hour at the end of the month. not like others at the start of the month.
allows legal adult (i have 4-5 porn sites there.)
http://www.digitalocean.com/
one drawback : you cant have multiple ips on the same vps.
thats the reason i use one vps aka droplets for one site. its 5 bucks/month.