Caching API Proxy Server

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http://serverfault.com – I need to have a server that caches API responses and then forwards them along to a desktop app. I don't really have much experience with this, so I have a few questions. First of all, what kind of server should I get? I already use Linode for my websites, so ideally I'd like to go with them. I expect to get anywhere from 30 million to 40 million requests to my proxy server each month. Will a 512 Linode be able to support that? Also, is there any software out there that does this already, or will I have to write my own? The API responses are roughly 10 KB each on average, so doing the math, th (HowTos)