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Yeah, a dedicated server would certainly be advantageous but I have found it too technical and time consuming for me personally with the set-up and upkeep of the system. I tried a vps earlier this year and ended up canning it because I just couldn't wrap my poor small brain around maintaining it...  Unfortunately too, a managed vps or dedi is still pretty expensive for the average hobby site but I'm hoping in the future they will become cheaper and as easy to run as a shared account with CP.