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One thing I would highly recommend though is to keep your domain registration/hosting and your actual website hosting at seperate places - then if there are any issues you just have to get new hosting and point your domains at the new webhost and you can be back up and running in no time at all.
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Instead of pluging something to my own advantage, I'm still trying to figure out why there should be a difference between where your site is hosted and where your domain is registered.
For the record, I do both. I have most of my domains reg'd via godaddy and I host with various hosting companies (including godaddy).
Are you suggesting that godaddy will go out of business or something? Or do you just not understand fully how DNS works?