If you want a truly good cheap dedi, go with
www.pacificrack.com everyone else in this thread has good servers of course, but they are NOT cheap. PR is one of the cheapest with their promo deals.
P4 2.4Ghz ++
1GB DDR
80GB HDD+
5 Usable
10 Mbps
Unmetered
$59.95
http://pacificrack.com/promo.html