I don't think so -- whatever it was affected most, if not all of the Linodes on the machine. I'm still running some tests to determine the cause.
On a different topic than host1/3 issue, I believe the following symptoms are because the Out Of Memory Killer (OOM Killer) has been removed in 2.4.23 (and 2.4.24):

Linodes Crashing

Attempt to reboot, but won't come back online, "Filesystem Locked" error (requiring my assistance)

page_alloc messages on console/output of "dmesg" <-- dead give-away
I'll look into patching the OOM killer back into the kernel (or wait for it to be re-included in 2.4.25?).
-Chris