Since Backupsy doesn't have an active $7 US offer and CloudShards only offers 320MB RAM (which I feel is going to be a tight fit on a KVM) I'm really keen on setting up backup soon, I'm looking for a Backup VPS with the following specifications:
KVM
512MB (preferably 768MB/1GB) RAM
~525GB RAID10/RAID 50 storage
1 vCPU
~2TB Monthly Bandwidth Transfer
1 IPv4 (preferably with native IPv6 too)
1 Gbit Shared Port
~$7/month