I'm hosted on MediaTemple's Grid server.
I've seen this twice now, although the first time was months ago, the 2nd time was yesterday.
Here's what happened: there was slowness of MySQL over at least 30 minutes, making WPMU very sluggish. Once the slowness disappeared, some (but not all) of my plugins (All In One SEO, WP Greet Box, TwitterLink Comments to name a few) had reverted to default settings. I keep backups of everything so it wasn't a problem to reconfigure the plugins but it was obviously annoying to do.
Anyone seen anything like this?