The most common type of VPS is a web host. Many web hosting companies offer VPS hosting solutions as an alternative to shared hosting and dedicated hosting. A VPS sits in between the two options, usually in both performance and price. Like a shared host, a VPS may share the resources of a physical machine with other hosting accounts. However, a VPS is custom-configureable like a dedicated hosting solution it is isolated ("private") from other accounts.

You can move corporate applications to the cloud, launch additional web servers, or add more compute capacity to your network by connecting your VPC to your corporate network. Because your VPC can be hosted behind your corporate firewall, you can seamlessly move your IT resources into the cloud without changing how your users access these applications. You can select "VPC with a Private Subnet Only and Hardware VPN Access" from the Amazon VPC console wizard to create a VPC that supports this use case.
A VPN server is a machine on the internet that runs VPN software. A VPN client can connect to that server, and all data that travels between the client and the server is encrypted. If you wanted to connect to a website on the internet but didn’t want anyone, even your ISP, to see which site it was or the data your were sending, you could connect via a VPN. All an observer would be able to see is that you connected to the VPN server.
Similarly, in a real dedicated server, you will pay for the entire server that is not shared with anyone else. You will get complete control over all services. Unfortunately, it is also the most expensive hosting option and needs some technical expertise to manage. It is commonly used by those who have websites with specific scenarios, most commonly extremely high traffic and tight security requirements.

A couple of years ago I remembered going to a demo and watching Hyper-V crash, but since then a lot has changed. Hyper-V can now do many of the same things most enterprise virtualization software boast about. Live migration, HA, templates, and importing VMs from VMware and EC2 using SystemCenter VMM. The only real hang up is the lack of popularity with the Linux community
Need more resources than a Web Hosting account, but aren’t quite ready for a Dedicated Server? Our high performance Managed VPS Hosting is the perfect solution. Experience the power and isolation of a VPS expertly combined with the easy-to-use cPanel control panel. Choose our Turbo Boost VPS featuring up to 20X faster page loads than competing hosts.
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Unmetered hosting is generally offered with no limit on the amount of data-transferred on a fixed bandwidth line. Usually, unmetered hosting is offered with 10 Mbit/s, 100 Mbit/s or 1000 Mbit/s (with some as high as 10Gbit/s). This means that the customer is theoretically able to use ~3 TB on 10 Mbit/s or up to ~300 TB on a 1000 Mbit/s line per month, although in practice the values will be significantly less. In a virtual private server, this will be shared bandwidth and a fair usage policy should be involved. Unlimited hosting is also commonly marketed but generally limited by acceptable usage policies and terms of service. Offers of unlimited disk space and bandwidth are always false due to cost, carrier capacities and technological boundaries.[3]