Before LiveJournal was LiveJournal, it was a part of bradfitz.com. Later it was LiveJournal, on bradfitz.com's servers. It's always been a property of bradfitz.com, inc., the Oregon s-corp.
So, back when it was on bradfitz.com, bradfitz.com needed a server. We got a server from Virtualis.com and upgraded it over and over again. It's a rented server .... we don't own it. It costs $700/month. bradfitz.com has been having to pay for that every month, which blows, considering that's more pricey than hosting all of our other servers.
The solution? I got a quote on a new server today that I could transfer the bradfitz.com content and services (my website, mail, DNS for LiveJournal) onto. While pricing it I realized it'd be too risky getting anything wussy (single power supply, since IDE hard drive, single NIC, single everything) so I changed some options around and priced out instead a kick ass server.... $6,200. Pretty pricey, but we can use it for LiveJournal stuff too .... Dormando and I are thinking about using it for full text journal searches for paid users, and a place to backup things to (has a bunch of disk space).
So that's the plan --- rather than spending $4,500 on a server that'll be doing nothing and saving us $700/month, we'll spend $6,200 on a better server and still save $700/month, but actually have it be worthwhile to LiveJournal also.
Good plan? I think so. Costs more now, but saves money in the long run (it'll pay itself off in 8 months).