On a recommendation I signed up for VPS hosting with Linode. I’ve moved my blog to the service and I’m testing some side-project development on the system.
Sure there’s higher latency for me, I’ve moved the blog from an Aussie shared hosting to this Linode located in California. Overall I think the website’s performance for everyone else will remain fine though and I’ve already set up Varnish to improve the time spent on the server.
They have some nice statistics available regarding usage of their hardware and an amusing iPhone app to monitor, configure and even reboot the VPS if needed.
So far I highly recommend the hosting to anyone interested, just start paying month by month if you’re not sure 
