If you've thought about colocation but shuddered at the cost, this could be your chance. Right now, Macminicolo is running a contest to find the greatest answer to the question: "What would you do with a remote mini?" Start up a new business? Create a non-profit?
The contestant who submits the best answer will receive a year's free hosting, a Mac mini and a MacBook Air. As Jeff Probst would say, "Worth playing for?" Yes, Jeff, it is.
You can get the details here. Good luck!