I am currently in the market for an AMD 64 server that I will be hosting a rather database heavy website on. Now, being that it isn't making me any money at the moment, I'm looking for cheap over performance right now. I've found one at LayeredTech for $89/month with the following specs:
  • AMD 64 Athlon 3200+
  • 80GB Hard Drive
  • 1024MB RAM
  • Bandwidth: 1500GB
Now I've heard from various people that LayeredTech is basically considered the "bargain basement" of dedicated servers. Whether or not that's actually true is irrelevant; I'm just looking for something that will have relatively good uptime (doesn't need to be 100% for now) that we can develop and host this site on, while still costing very little.

Should I stick with this deal, or is there anywhere else I should be poking my head in at?