It's seems like 2014 will be the "cloud" year, more and more cloud providers is coming. VULTR is not a real cloud service, but offer cloud like features, the same way as DigitalOcean do. The difference is that VULTR has more locations (soon coming) and offer better prices on some packages. Here is my review of VULTR so far. (see the complete review here with all images)
Product/hardware/price
VULTR offer "fake" KVM cloud instances with SSD storage (like DigitalOcean), so you only get some cloud features like hourly billing, quick deployment, many locations etc. VULTR has promised that more features will come the next months.
VULTR has the same plans as DigitalOcean, but the price is little lower on some of the plans., take a look at this pictures to see the plans, price and locations.
As you can see VULTR has plans to offer 12 locations around the world soon, thats three times more locations then DigtalOcean has.
VULTR guarantee more then 3 GHz CPUs on all their plans (except their storage plans in NY), so you get fast CPU power on all servers. They offer SSD storage as standard, but you don't get Ramnode speeds, more like 3-460 MB/s. Still, can't complain over that.
Their hardware seems solid, and using CentOS 6.5 and Virtualmin gives me a really good result. The servers (both France and Netherlands) works really fast.
You deploy new servers within minutes depending on what location you are deploying in. It's really simple as you can see in the picture over, you only select locations, package, and OS, then your server is online.
Service/Support
Their service seems really good. They have already several good offers, like double your first payment and 2xRAM coupons last weekend. They are active on Twitter and on LET. ( @DaveA )
I have opened one support ticket in this period, and they used around 30 minutes to reply on it. Not the best, nor the worst reply time for a unmanaged host.
Benchmark
France
Netherlands
Great speeds internal in Europe, and ok speeds to the US from my Netherlands and France server.
Network/uptime
I have 100% uptime on my Netherlands server and on my France server the last 30 days.
Conclusion
If you need a host that can offers lots of locations, rapid deployment and hourly billing, take a look at VULTR.com. They also promise to deploy lots of new features soon, that will take them closer to a "real" cloud provider.
They do compete with DigitalOcean, but if they deploy all they say that they will deploy, they actually can give better service then DO.
They offer fast servers, good network speeds, great prices, many locations, hourly payment and more, and I'm recommending them. Of course, the best thing is maybe to wait some times, so they get all their locations online. But if you can live with the current locations, go for them now.