Forum OpenACS Q&A: Response to My First Impressions on OpenACS and a question

Yes, absolutely.

If your looking for an easy (and cost effective) way to do this then you might try www.hub.org.

We've used them and they are reasonably priced (helped by the Canadian dollar) and are very helpful in terms of providing you all you need. Also, their virtual server arrangement means your shared space looks like a dedicated machine.

Cheers
Simon