Is it just me or this seem a little to cheap fot $9.95 a month?

http://www.jumba.com.au/vps

CPU per Blade: Dual Quad Core Intel Nehalem E5540 @ 2.53Ghz - 1066Mhz/8MB L2
High Performance RAM: 512 MB
Storage Space: 10 GB
Monthly Data Transfer: 100 GB
Included IPs: 1
Internet Bandwidth: 10 Mbit
Operating System: CentOS 5.x x86_64
Customer Service:
Email Support: 24/7
Phone Support: Business Hours
Pricing:
Account Setup: FREE
Monthly: $9.95

Wow that really does seems like a pretty good deal, catching up to the cheap american VPS's

Good find.