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Unless your admin or want to spend time manging your server go with virtual, in some cases virtual is better then dedicated especially if the dedicated is a celeron or on over subscribed cheap bandwidth.
I would ask for a i.p. that's on the same network as you and post it here so we can test it for you.
If it's on cogent or verio you migtht as well run a server from your dsl it will be better.
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