I used a tutorial by laowai80 at bitcointalk (recommended at nxtalk.org while this forum was down) to set up a node.
Went for the recommended hallmark node with Debian 7 x64, 2GB RAM and 2 CPUs at DigitalOcean. I intend to sponsor it for the whole year 2014.
I did the same thing, running a dedicated NXT node 24/7 on 146.185.168.129
I have the node running for more than a week now, experience so far:
- The software is quite unstable, I need to restart it at least once a day;
- I have not been able to forge a single block, although the client often states a block can be forged within 1-2 hours...
I want to add more nodes in the future, but the software has to become more stable, as I do not want to make the attending of the VPS-es a daytime job....