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Yes, just like most other hosts, we do oversell. Our new servers have 2 Quad Core CPUs, 6GB RAM, and ~1.4TB disk space, so you can easily use much of your package.
I'm pretty sure you won't go anywhere near your limits though -- few people ever do.
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Unofficial IRC Channel: #surpass  EFNet
Unofficial = No official support. Support requests can be submitted to our helpdesk.
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