http://vectorlinux.com/
Thats the linux I use. Its a type of peanut linux. I'm half a newbie in the linux world... meaning I'm not really a newbie at it just lack the experiance in it... anyways, it really seems like its better than the other stuff like gentoo and slackware especially for servers because its based off of peanut linux which means it runs the minimum system files it can with the main goal to leave as much resources free for the user. It really seems ideal for hosting servers because of that whole goal. Tell me what you think?
Also I think the installer is a little humorous =P