Curious: how do people use Qemu the most these days? Dev environment? Running specific apps on a different OS? I don't know... gaming?
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If you find yourself limited by the equivalent VPS expense, I discovered that for my use-case (mixed web hosting, dev services, self-hosting) I could squeeze a lot more out of an entry level bare-metal box with ~48GB of RAM, and everything just becomes a VM in Proxmox, and it's still trivially simple to scale/replicate, maintain backups, and tie together with other VPS or cloud services.
The only part that was a bit of a challenge is negotiating NAT for the virtual NICs so you don't need separate IPv4 addresses for each guest. But Proxmox's docs are pretty robust, and I'm sure there are dozens of tuts available now.