Just as an update, know two guys who have/had several accounts with them, they were highly satisfied for the first couple of months, top notch service and great support, while the VPS nodes were quite obviously oversold, they were still fairly reliable, fast and overall very good indeed.
At some point however, VD started obviously having security issues, open ports in several of their accounts, accounts getting hacked, eventually inaccessible and possibly deleted - no responses from VD support for weeks, and even months now, and no refunds neither (not soo bad given the low costs obviously).
Security issues seem to be a recurring problem with them, you can get any number of accounts with them and you can check your VPS logs, all of them will quickly fill up with messages logging port scan and login attempts.
Their pricing model is obviously very competitive, but it seems too good to be true.
I would be very careful if you are looking for reliable hosting, don't use it for anything "serious" - it will obviously be good enough for many "single use" projects, but be careful if your intention is to use their accounts for important stuff. While BHW is apparently an exception, it is also much more "high profile" ... and BHW is probably also surely not on one of those cheap plans either!
I guess you get what you pay for.
I would however still recommend them and their low cost plans for projects where you intend to "recycle" the account anyhow.