I was browsing through WHT earlier and I noticed this deal: http://www.webhostingtalk.com/showthread.php?t=1240008
Seemed a good deal for
Intel Xeon E5520
12 GB RAM
500 GB Hard Drive
100 Mbps Dedicated Unmetered
$39.99/month
So I've just ordered one (+5 extra IPs) which brought it to $44.99. I've spoken to them on live chat and they said set up time is between 8 and 24 hours after verification.
Just posted it on here as it seems to be the best value $39 dedi I've seen in a while. Some negative reviews on PerfectIP but they seem to be legitimate enough; I'll keep you all updated.