I'm not sure how they can have video transcoding as a use-case when their only variables are RAM and storage space. There's no CPU speed variation or the abilit

I'm not sure how they can have video transcoding as a use-case when their only variables are RAM and storage space. There's no CPU speed variation or the ability to access more cores; you are just stuck with what happens to be available on the server at the time. Gogrid are the same. Unfortunately my experience with cloud VM providers is that quite a few of them are all talk, no action. Having said that some have been transparent about what you get and how much it will cost; EC2, Flexiscale and Elastichosts to name a few.