what's up with cheap VPS's from LowEndBox

I have come across lowendbox.com a lot of times and they seem to have toooo cheap VPS offers to external sites...my question is that anyone have experience with one of those offers (like stromvps's $8/month 2GB RAM VPS)?

be careful with those offers, usually they are new companies which die in a few months. The admin is posting monthly the companies which have die, and they are a lot