They once had offerings for dedicated servers without hard drivers. They did network boot from NFS. So the costs where between a full dedicated server and a virtual one. Sadly it was very badly engineered. Small disk IO was so bad that you basically couldn't run MySQL. I did run a MX. For every mail postfix would complained that the filesystem did run a few secondes in the future. At some point they gave up and stuck a USB stick into every server.

It was dead by thousand cuts and put a bad taste in my mouth. But I have to admit that was a long time ago and I should probably give them another chance.