There have been at least two very generous offers for hosting that I have seen both between here and the PEQ forums. I'm not sure how much the development team considered them, but that would eliminate the need for any month-to-month donations, and all that would be required would be whatever amount of cash was allocated to upgrade the actual server components. I believe that in the rush to get away from the current host (as the deadline is tomorrow, if I remember reading correctly), that there hasn't been much time to discuss all of the options on the table.
I know that if the project's development team were to accept one of the hosting offers, that it would take things a bit more out of their control, but free is free. I can absolutely see devn00b's point about the monthly fees eventually becoming an issue. We've been lucky so far in that one-time donations centered around a current catastrophe seem to work well around here, such as the previous hosting predicament. Month-to-month, though? People are here to get away from any sort of subscription fee =P
Have any of the hosting options been considered?
Links to the posts:
Keegan's offer.
Impbrain's offer.