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Due to the volume of transfer requests, you can expect a full transfer to be completed anywhere from 10-14 days, experiencing little to no downtime during the migration. If you are looking for an expedited move (for example, your site has been down for days and you need to get it moved quickly), you can purchase Managed Hosting for $40 per hour and they will help take care of the transfer process for you in a 1-2 day window. Launch Assist (2 hours with our Managed Hosting team) comes included free as a part of all 12 month VPS-2000HA-S plans and for all term lengths for VPS-3000HA-S plans.
If you host or manage a number of different sites, cPanel and WHM provide you with all of the tools you need to manage and resell your VPS Hosting resources. As a Reseller, you can create multiple cPanel accounts, allocate resources and bill your clients, all within WHM's powerful Reseller interface. This feature is an all-in-one tool for designers, developers and agencies that host multiple clients with one account.

So that could be either a virtual machine - an operating system running inside another operating system, or a virtual private server - you rent a virtual server from a company, so you have your own internet-facing server running 24/7 relatively cheap (since it's not a real server, but one of many virtual server running on an actual server). I think he might have meant the later, since you'd have to run a snartnofe (btw I love that name) non stop to benefit from it.
Stability and speed - the main advantages of running Debian as your web server OS. Significant speed benefits, bug tracking systems, and multiple architectures make it flexible and reliable. Easy upgrades, strict security, and a top-notch packaging system. Powered by over a thousand volunteers, Debian is proudly one of the most significant open-source community projects in history. Be part of the movement with Debian OS.

I was in a similar situation about a year ago, had a managed VPS for some years before i needed a better server and had to switch to an un-managed VPS. Although i had another un-managed VPS without a control panel previously, this time round i chose an un-managed box with cPanel already installed. This was quite handy as i didn't have to deal with installing and licencing the control panel. As have always used cPanel, setting up sites, databases, DNS and all the other configurations was straight forward and fast.

VMs on ESXi run Windows and Linux operating systems near flawlessly. It’s also a powerhouse for many sizeable virtual desktop deployments running on VMware View or Citrix XenDesktop. And more recently VMware was in the news because they will soon power Google’s Chrome virtual desktop cloud and provide access to Windows application. How cool is that!

Partitioning a single server to appear as multiple servers has been increasingly common on microcomputers since the launch of VMware ESX Server in 2001. The physical server typically runs a hypervisor which is tasked with creating, releasing, and managing the resources of "guest" operating systems, or virtual machines. These guest operating systems are allocated a share of resources of the physical server, typically in a manner in which the guest is not aware of any other physical resources save for those allocated to it by the hypervisor. As a VPS runs its own copy of its operating system, customers have superuser-level access to that operating system instance, and can install almost any software that runs on the OS; however, due to the number of virtualization clients typically running on a single machine, a VPS generally has limited processor time, RAM, and disk space.[2]