Luke,

One thing I've been wondering about here is physical access issues,
which you haven't really talked about.  If you're going to let your
customers in a 4am to muck in their 1/4 of a rack, how are you going
to limit their access to the *other* 3/4 of the rack?  What's to keep
that user from plugging into someone else's outlets?  

Sure, you can monitor this stuff remotely (which is what everyone is
telling you to do anyway...) but you're back in the same boat.  You
want to micro-manage power, but give them totally open access to their
equipment.  

Do they even sell 1/4 rack doors with individual keys for a good
price?  And don't you need those doors on the front and back as well?  

I'm not sure that's going to work.

Now maybe (maybe!) if you were renting out physical servers that you
bought and provisioned in standard ways, but then let them customize
how they like, that would work better.  But that's a different market
too.  

I'd almost say that you should cut costs by only allowing physical
access during *your* hours, with a bigger up-front fee for 24x7
emergency access if something goes wrong.

As you mentioned, letting someone bring in a 10U Sun Enterprise 3500
or some other power beast would be contra-indicated...  even if they
say "it's cheap, it only cost me $100 on ebay!" but then they blanche
at the power cost you then charge them.

I dunno... I sorta keep thinking about getting a colo, but then I
don't want the hassle for my own server really, esp with dynamic DNS I
can host stuff at home if need be.

Yes, I can't host my own domain really, and it's not totally reliable,
but it does work.  I'm just not into paying endless monthly fees for
something like this.  

Basically, you're spending all this time worrying about the power and
what happens if someone goes over their limit, and taking out someone
else.  Instead you should be working to make it as standard and cookie
cutter as possible so that you just populate a rack and then sell the
bits here and there.  

Just my few dollars of thoughts...

John
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