Hmmmm To VPS or Not To VPS

Ok, so I'm looking around for VPS Hosting.  The journey is pain staking as it appears there is a group of seemingly top class providers all with only minor differences.  At the moment I'm looking about $20-$50 for about 5GB storage, 750GB/Month bandwidth, up to 100mbps, about 1GB RAM,  hahah what else is there.

I really wish the process was a little bit easier.  The investment is a tough because you either try make the savings though paying for a year at a time, which obviously comes with some risks.  Or you spend the extra time researching, to make sure you are onto exactly the right service at the right price point.

I guess my purpose and reason for getting the hosting is important.  The plan is to start up some blogs, eCommerce sites, and what ever I can think of.  At this stage I have the basic skills to set up some CMSs, but probably not enough to quit my day job.  I do have some other skills in photography, and I did just get a really nice camera that I'll start using to write short documentary films soon.  All of these could do with a website.  I have an AdSense account, so I can hook them up and hopefully see some fruits to this $500 dollar a year investment in hosting.  Oh, and don't forget the yearly cost of the domains also.

I wish there was more help out there for me.  If you read this and think you can help me in the right direction, please do.  It will be most appreciated.

Cheers Peeps!