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The UnManaged VPS plans are for those who have prior experience to VPS's and also for those who require very little help and amount of resources for those on a tight budget. The plans are generally towards users who have experience with managing own server.
OpenVZ is container-based virtualization for Linux. OpenVZ creates multiple secure, isolated containers (otherwise known as VEs or VPSs) on a single physical server enabling better server utilization and ensuring that applications do not conflict. Each container performs and executes exactly like a stand-alone server; a container can be rebooted independently and have root access, users, IP addresses, memory, processes, files, applications, system libraries and configuration files.
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