Been looking for self hosted LMS for quite long time and GO4CLIC has been absolutly amazing solution.

Pros : Whitelabeling option
Community based learning which is lot of fun
Lot of customisation option to match your brand.

Cons : for T1 plan 30 gigs space is too less.
Not unlimited students at T1, wish it was 500 atleast.

For starters look no further, 200 students is still a lot :) you can get your money back you have invested in the platfrom with 1 student subscription. Its a solid platform. Thanks AS & GO4CLIC for this great deal