Suggestion required - simple OVZ server setup with control panel for clients

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Dear All, I am thinking to setup a personal VPS infrastructure service actually for a group of friends who use vps servers (it will be a setup in my house so I can only use OpenVZ cannot use kvm, xen, esxi or anything else). I was thinking between proxmox with OpenVZ "or" OpenVZ on CentOS with OVZ-Web panel. I also need to have an understanding how to limit cpu speed and also which is the best config while allocation cpu units and memory. I do need overselling / over-commitment and I also use to give the my friends control panels which can be used to Boot/Shutdown/Reboot/Re-install. I know that solusVM is a good option but please keep suggestion away from paid stuff. Looking forward to your suggestions. Thanks


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