Ars Technica: Media Temple, Parallels introduce first Leopard Server VPS
Features include a collaborative iCal server, hosted, secure iChat server, Leopard-powered wiki, blog, and web hosting, podcast production and publishing tools, and remote management using Apple’s tools, all of them running on an Xserve’s 64-bit architecture. Time Machine will be available for making backups to your local Xserve-Virtual account, and Media Temple will eventually bring a “snapshot” feature online for backing up the entire account.
Sounds great.