I've heard about those cheap VPS that simply disappear from existence.
Unless is something completely disposable, I'd rather pay 5$/month and go with something like Digital Ocean that I can be pretty sure will last for years.
Most are kiddie hosts who rent a dedi for a few months, install OVZ, and get on the front page the next day. That's what happens when you go with ColoCrossing - instant post to LEB to you.
Linode, AWS, HostVirtual, Digital Ocean... Just anything but a LowEndBox VPS.
Unless is something completely disposable, I'd rather pay 5$/month and go with something like Digital Ocean that I can be pretty sure will last for years.