MySQL Replication (Master Slave) on a Dreamhost Dedicated and VPS.

I have a WordPress database on a dreamhost dedicated server. I have a second separate vps server on dreamhost ([login to view URL]) that I would like to have the worpress database configured to replicate to. Here is a reference to what I am looking to have done: [login to view URL] . I believe this would be a master/slave set up as there is an existing wordpress database that I would like replicated in real time to the new vps server. Both server seem to be Ubuntu based. Both server are Hosted on Dreamhost. Preferably if the productions database (wordpress database on the dedicated server) is going to need to be offline at all I would like it done late in the evening or very early in the morning. I prefer someone who has done this before and if have done so on dreamhost then that is even better. I will provide all the admin and mysql root account information once this project has been awarded. If dreamhost support has to be involved then I will be the intermediary. Please let me know if any questions. I am looking to have this done ASAP.