If it had been 64 bit ARM with a real amount of RAM and an SSD then it might be more interesting. Even there (and I say this as someone who has an APM Mustang under my desk), it's more likely of benefit to people hosting web servers at scale than for VPS.
Well, yes, but I was hoping someone would put it more eloquently, so thanks :)
I can't see what the target market is. The I/O is going to be terrible for hosting files. And 32-bit ARM is at a disadvantage for anything more computationally intensive (as you pointed out).
Maybe there's a group of users out there who have been thinking for years: "If only I could have my old smartphone colocated in a data center"...?
People whose web pages generate a lot of traffic (10TB allowed) with low CPU usage, i.e. static pages and similar.
Surely such cases are better served by offloading to a CDN. As much as I hate centralizing to one company, CloudFlare nails this pretty damn well.
I am guessing that any job that is not CPU or memory hungry would fit the bill. Like crawling, sending a massive amount of emails, simple text processing, maybe even as a RabbitMQ server.
[1] https://rwmj.wordpress.com/2013/10/18/odroid-xu-arrives/