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Seems like quite a low budget for that level of resources. It will be interesting to see what responses you get.
why do you need RAID 10 for Plex?
Plex is rather resource intensive if you transcode media files. I highly doubt that you'll find anyone running a stable and viable business operation willing to provide the specs you want at the price point of 5.5 bucks a month.
I wont be transcoding
That's quite a bit of storage & bandwidth for $5/mo on KVM/Xen. You could probably find a 150-250GB Storage KVM plan for ~$5/mo, but you'd be looking at 1-2TB of bandwidth tops. HostHatch, OnraHost, Vultr(?) etc.
Unless you are 100% sure that your player / device profile can natively support the file format that you're going to stream, and that your connection speed can keep up with it, plex server will transcode the A/V stream to offer smooth playback.
More Info - https://support.plex.tv/hc/en-us/articles/201566396-How-are-Direct-Play-Direct-Stream-and-Transcoding-different-
Nothing against the OP and his choice of Plex, but why Plex? I use a Roku as my only streaming device and a basic apache setup as my media server, takes 1 core, less than 128mb of ram(43mb) and then the space needed
Ease of use/lots of flexibility across platforms, way more user friendly when it comes to sharing access with family & friends who aren't as tech savvy.
if you're not going to transcode then pretty much any cheap vps will work fine. i rarely go over 2tb of bandwidth each month for mine.
I realize XenPower XP-XL is not exactly what you need but it's still close - 2 vCPU 2GB RAM, 400GB RAID6, 4TB bandwidth for €69/year.
PS I didn't notice a West Coast request, my mistake.
Time4VPS maybe
Pretty much this is the only really good reason for Plex, if it wasn't for non-techie friends and family and RP2/w Kodi + a half-decent NAS would do me just fine and cost a hell of a lot less.
i consider myself a seasoned nerd and i friggin love plex
However, Time4VPS limits IO speeds so I'm not sure how well that'll work.
We're Seattle based, Xen, SSD, and running a 40% off for life ("winter2016") on our Pure SSD line. Our cache line might work for you as well, but no 40% off (sorry)... PM with questions.
What? Which your offering withing op budget?