[dandroid1]

Doesn't that defeat the purpose of obtaining a dedicated host?

[toomuchtodo]

Technically, its the equivalent of a leaseback. It may make sense depending on the profitability of the arbitrage you're targeting.

[nandhp]

Not if it's primarily to accommodate bring-your-own-license for per-machine-licensed software. Needing to have control over what machine runs your instances doesn't mean you can't allow other people to run their instances on "your" hardware.