Shared #clug server?

tea and tumbleweed were chatting one evening about having a shared dedicated server in london for #clug (or clug in general) members to use as MX, shell box, etc.

Basically Xen would be out of the question, because cheap boxes don't have enough RAM, it would have to be shared. This would mean agreeing on a common MTA (HORRORS!), and sharing root between a group of people... :-)

Some options:

tumbleweed has a "Value" server with uk2.net, who's lease expires on 22 Feb. If 11 other people were interested, we could renew it, for the cost of about R600 pa, each. This would save on setup costs.

Anyone keen? We have a wiki page on the subject, add yourself.