Quite, and the $40-60 a year bracket for a VPS is quite normal, but the original message was "decent VPS for $10/yr". Linode certainly doesn't go that low - at least last time I checked.

I saw an VPS from Italy I think for in the region of $20/year some time back, Sephiroth87 was after a $10/year VPS recommendation, not a $60/year one that hvgk suggested.