ezvps.com is an ok domain.
First, don't beat yourself up about Edwins valuation.
He is right, just don't beat yourself up about it!
Second, it may have value.
First, as a GENERIC:
As a generic, especially asking an English crowd, it doesn't have any value.
We don't understand what eee zed VPS means in slang.
But as it's a .com you are a bit luckier.
Looking at Google, there are many, many advertisers for the term VPS.
This shows that companies expect people to pay good money for VPS and it is therefore worth their while advertising it.
It also shows that it is a competitive market and they are fighting each other for your business.
This is a good start - except that your domain has extra letters added to the start of it.
Looking at Overture us, the term ezvps.com has no type-in traffic at all.
Looking at Overture us, the term ezvps has no type-in traffic at all.
Looking at Overture us, the term ez vps has no type-in traffic at all.
Looking at Overture us, the term vps has some type-in traffic - phew. Not a lot but a bit.
So as a generic, even asking an American crowd, it doesn't have much value.
That is, though, as a generic.
As a BRAND:
Is it distinctive enough to be a brand name?
Well probably not a company name but yes possibly a brand.
Let's see if it is a good brand name:
Looking at searches for vps it looks like people search for vps forums and things like plesk vps and linux vps and windows vps.
Looking at Overture us, the term easy vps has no type-in traffic at all.
But maybe we're being a bit pessimistic on that one.
I'd say that if people are looking for forums then they are probably looking for help in setting it up.
So on a positive note I would say that yes, one benefit that a company could differentiate their vps from their competitors might be its ease of setting up and useage.
(You'd need to look at the forums to see what they are actually asking - they may all be posting how easy it all is - never know!)
It is also a short name and easy to remember if you are in the business of looking for a corporate vps solution.
Is it copyrightable or trademarkable?
Well I don't know US law but in the UK I think that the term ez could probably count as a distinguishing mark rather than a common word, but you'd probably have to fight your case.
I don't know who owns or claims to own the term vps - it may be an accepted generic abbreviation, or it may not. (For example, try telling the court that IBM is just an accepted abbreviation of internationalised business machinery or something similar).
So as a brand, yes, in my opinion it MAY have some value.
What about the smaller NICHES:
It is after all just a bunch of letters.
I notice in the search terms that there is a fly fishing rod
http://www.frontrangeanglers.com/shop/sagevps.htm
In fact it is a whole range of expensive fly fishing rods under that product description.
At a stretch, these rods may make it easier to cast accurately.
(I'm having to dig deep here!)
There is also a video capture service or protocol called ezv
So maybe someone in that market may have the ezv proprietary software, but we are getting impossibly unlikely here.
So in conclusion from my limited research I would suggest that you should make about 5 or 10 phone calls to the vps companies asking if it would help their brand to have a benefit laden domain name.
Similarly to the fly fishing rod people.
And if you've not got any response from them, try using the name for ppc in Google and selling some of those expensive rods, or expensive vps systems.
And as you will have now set up a smart site and will be competing directly against your target market, you may want to approach them again!
If put in the effort, you're more likely to succeed.
Best of luck.
-aqls-