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Is SSD needed?

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So I am looking to sign-up with Site5 for my invision Power board and use their VPS service?

However, they don’t offer SSD currently. It seems like SSD is the current in thing right now.

My present host is not a SSD host, though they are planning to get it in a couple of weeks i hear. So i am not entirely sure what I am missing.

Site5 also does not offer litespeed(which is what we use now).

IS SSD something that will definitely give me a noticeable difference in my site? Is it necessary? FOr that matter, is litespeed?

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