This process (with minor modification) also works to migrate existing Arch installations between various environments and has been confirmed to work in migrating from OpenVZ to Xen and from Xen to OpenVZ. For an install to Xen, other hardware-virtualized platforms, or even to physical hardware, extra steps (basically running mkinitcpio and installing a boot loader) are needed.
When you create a website, you have to pay a company to host it on their server. This is a powerful computer that allows anyone on the internet to connect and access your site. The lowest level of server is a shared hosting plan where hundreds of websites (and all their data) are stored on one server with all of the server’s resources up for grabs depending on who needs them.
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In answering this question, maybe it’s better to examine how VPS hosting fits in to the overall offerings of most hosting companies. Shared hosting is just that – your site is hosted on a machine with a bunch of other sites, and each of you share the same resources, including RAM, disk space, and CPU. Your site uses what it needs if it’s available, and if it’s not – well, that’s the limitation of shared hosting. Likewise, a dedicated server is also self-explanatory – your site is the only one hosted on server, and you have all the aforementioned resources available at your beck and call. Dedicated hosting is therefore for those large sites with big databases and lots of traffic, whereas the limitations of shared hosting’s usually prevent it from housing that kind of site. Dedicated servers are also relatively expensive, while one can get a shared hosting plan for under $10 per month.