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daveyc, I guess you are on the Grid server of MT. I know of a site that ran on similar settings with 9.1 and MT was able to handle it decently for a decent amount of users also it used <300 GPU for the month. I bet the new SVN code is lot better than the 9.1 and the work is in progress, this should use even less GPU for you. The mysql-container was still in beta and did MT open it up.
But as a personal suggestion, if you choose to go main-stream - I would suggest to use a dv server (as low as $50) of MT which is lot better than Grids.
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