My brother and I have decided to setup a community hosting project. We are going to install an SDSL line at his house and offer colocation to anyone who meet a few basic criteria, we are also going to build one server for shared hosting. We are going to place some rigid restrictions on the size and power of the servers to keep the costs down.
For £10 a month and for non-commercial activity we will host any server that meets the following criteria.
This is aimed at geek enthusiasts and community sites that are not for profit, basically people who would love to have a 1mbps up connection but can't justify the cost of installing one or using a professional colo facility.
The cheapest I have seen this type of service for is £30 a month in a Uni datacenter in Manchester. If you are interested then drop me an email using the link in the bottom right and side of the site.
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Disclaimer The opinions expressed herein are my own personal opinions and do not represent my employer's view in anyway.