Hosts that offer "over-usage"

Big on Hosting. Unlimited Space & Unlimited Bandwidth

I’m running several websites for clients that are blogs. Currently, this is all runs fine, but one thing that’s always in the back of my head is what happens if a site gets linked on a big site such as Reddit or whatever.

I looked around and found WP Engine. I’d love to go with these guys, but their prices are currently out of my budget.

I found this in their FAQ, which I find really fantastic:
When your number of visits exceeds your plan limit (here’s how we count visits), we charge you a small overage of $1 for each 1,000 visitors over your limit. If your site gets on Oprah.com, and your site serves an additional 10,000 visitors over your plan limit, you’ll simply see an additional charge on your bill for $10.

Are there any other hosts that offer something similar? Cloud hosting is something that appeals to me, but most hosts I looked at still shut you down if you get a big spike in resource usage. I don’t mind paying a premium for that extra usage if it’s nescessary, as long as my site doesn’t go offline.

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