For the $35 server, you get a CentOS, Debian, or Ubuntu server with:
1 Xeon vCPU, 1 Public IP, 512MB RAM, 10GB SSD, 100Mbit Internet with 500GB of monthly transfer. They do have pay-by-the year plans. Also, they have two other packages that basically double, then double again these specs. (for $70 and $140 one-time cost.) They have even bigger discounts if you buy 10 pack or more "servers." They provide vlan support between then, thus I assume you could do load balancing and clustering.
Doesn't sound like it includes email or DB automatically though.
Little bit of info