I have a love and hate relationship with GoDaddy. 

I absolutely love them as a registrar.  Registration of a domain name is fast and easy.  You have complete control over your domain name and their Web interface is easy to use.  Buying an SSL certificate is also very easy and very cheap.

However, I think that their hosting services are not on par.  You can use one of the pre-installed apps like Community Server and DotNetNuke but it’s almost impossible to tweak them because you don’t have access to the installation directories.  If you want to install CS or DNN yourself, not using theirs, good chance, you’ll encounter many problems, many being database related.  Speaking of databases, you can’t back them up.  Of course you can generate T-SQL scripts via the GoDaddy database admin tool but it’s not as useful as a true backup.  Finally, GoDaddy uses a third party tool to filter out spam.  That’s fine and I’m all with that until I stopped receiving emails from some of my customers.  Looks like the third party is quite aggressive when they discover a spammer so if they find one, they blacklist the whole IP range!  I tried to contact them explaining the problem but they would not listen at all saying that I’m on a public range (that’s false because I use Videotron’s commercial services). 

At least you have total control on the domain name you register at GoDaddy so you can host your Website and email somewhere else.