Definitely a rip off for only 300MB transfers/month
You should check out:
http://www.realitychecknetwork.com/virtual.html
For $240/Year or (12 months x $20) you can get 30Gigabytes per month or 360Gigabyte transfers per year!
Much better deal, comes with a control panel and full 24/7 support
If you want to iron out any details you can reach em on ICQ: 4930562