This is kinda un-needed now. I host a Dedicated TDM just fine and can have 32 people with Nobody complaining about lag. I wouldn't pay for this, besides, the people who are listed as payed have almost all posted something saying there was something wrong with the server.
You hardware and connection may suffice for a server of that size but few are so lucky. Many also lack the means or desire to host the server all day, every day. A server hosted externally avoids all of those issues but comes with an obvious cost.
I'm participating in this not so much for this particular server, but rather to show support for the idea. My hope is that Ephialtes will offer a simpler, more robust service once he sees that there are people out there are willing to pay for it. I have little doubt that he could provide a far easier system to setup and operate a dedicated server.
In the mean time, Kalphiter's service is the only option for those that can't operate their own server reliably.