Im my experience, they fell waaaaay short of what they promised in all aspects. I got the Hostlegends MAX Bundle VPS plan (Highest Available bundle) under the premise of "unilimited domains and websites" that sounded like great deal at about 3 benjis. Come to find out, and no where was this specfied, that you get 40 GB of SSD storage for hosting unlimited websites and a very limited 1 vCPU+2GBB of RAM, which in my experience would not even close to fullfilling an unilited hosting service, and thats what led me to the other matter their dedicated 24/7 support team, I guess its called that way because thats how long it took for them to respond when I had an inquiry about the rest of the specifics of my super deal, and when they did answer iit was always with an upsell attempt so that I could get what I thought already had. Sorry but I had to vent.
Conclusion, if you have the money to do so and are willing to spend a lot more for less cloud hardware, then yes they are the way to go. Not for me though Contabo was able to accomodate and provide exactly as they advertised.