It can be a good idea depending on how much resources each person uses. If one person pays $50 and uses 70% of resources, then the other people wont get their share. Its much easier for friends to do this (max 3 people).
Other then that its a good idea.
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You are most likely better off with a VPS account. Let the VPS system dictate your resource useage. Splitting the bill three ways will just cause headaches in the long run. Just find a reputable VPS provider
This thread was originally opened in Dedicated discussion forum but WHT Police [Moderators] deleted this message and issued a generic warning, which I presume, meant that such message needs to come in dedicated Offers.
jpaul, i have tried to email and pm you, but the forum will not let me for some reason.
i am very interested in the same thing, starting for the month of june. i already have 2 other people lined up to do this (and can spend roughly $20-25 each monthly). im sure we can work something out, or if we can find one other person.
my email address is my username @ gmail.com, please let me know.
let me know asap, we could be able to work out a great deal so you get half of a great server at a good price. if not, we're going to sell a couple reseller accounts to fill the void we cannot afford (also great deals if you'd be interested). i'll let you know the specs if and when you get back to me.