I was looking around for inexpensive linux/PHP hosting for a project that is still in development. I got some recommendations for slicehost. But then a freind mentioned rackspace cloud servers, and this looked even better. First it's cheaper (assuming I won't have a lot of bandwidth to begin with). Also it seems quite flexible and simple, i.e. being able to backup and clone an entire server, and just turn it off when I'm not using it.
Are there any disadvantages to rackspace cloud hosting versus a VPS like slicehost? How complex is it to setup and manage vs. a VPS?