Hi,
My journey on rails started with a free hosting service - http://www.freeonrails.com around 2 years back, even though I started actual rails coding around a year back. I currently pay for 2 servers text link ads and google adsense ), and I'll continue to pay for it. The main reason why I run the site is, I had to shut down my site in college as I didn't have money to pay for bandwidth and I had no credit card !! So I just want to help students.
However, lately I've been facing real time crunches. And I really haven't been able to maintain FoR for past few months. The main job right now, is to setup an account and help people with deploying the app.
I have plans ( meaning it may never even happen ) to write an automated account creation system using LiteSpeed. And build a front end for community based hosting - so that someone can post a hosting request, community can vote it up/down and if the person gets "n" positive votes, system admin can just press "approve" button to set up hosting account.
This may not be a simple project as it might sound. But as I want to open source it, it could be helpful for people looking to setup paid hosting service as well.
I am looking for any kind of possible help. It could be an offer to
help in coding or may be a simple advise to guide in proper direction
! Or may be for quick term, someone can set up and take responsibility
of maintaining the site in it's current state 
Paypal is sweet too 
But it's not really money I'm looking for right now.
So if anyone's interested, do drop me an email or you can join my empty google group at http://groups.google.com/group/fordev and we can take it up from there.
