You’re paying more, so there SHOULD be a minimum uptime guarantee and better server speed. Look for a host that offers 99.5% at a very minimum, although ideally, I’d rather go with someone who offers 99.9%. Search through some reviews as there are many who have put this to the test. For example, any of WHSR’s many web host reviews include an uptime record as one of our key tests.
VPS hosting is like you are living in an apartment complex. It means that other people are living in the same building, but you have your own secure apartment. You will get more room and restrictions will be fewer as compared to living in a dorm. It also means that if your neighbour is misbehaving, it is the problem of owner of building, not yours.
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