Automation is nice, but most of the time it kicks you in the backside, sometimes though, people like myself prefer to spend days and days doing something 'automated' to save a few minutes every so often. Weird eh?
I managed to get around 1 gig / 0.005 euros per month, before tax (6TB Raid 0). Type 'serverbidding' in google. Quality of the hardware is probably questionable (You're renting pre-used hardware), but when you design it using scripted builds you can actually re-deploy elsewhere very quickly.
So I guess all of this is probably down to pure 'preference' rather than one route is better than the other.