1. Kirt is a genius. I've never gotten so much good advice from anyone, every, anywhere.
2. I'm sure stompernet is good, and has good info, but can anyone really justify that price for how much implementing they do? Did anyone who bought Stomper implement the things they paid for? Very few. The only way to implement all their teachings is to have someone else do it for you (www.replacemyself.com) but very few people have guys in the Philippines to do their work for them.
Yes, the hard number cost compared to godaddy are more expensive, but the point is that you only pay for what you use. How many people do you think are using their 500GB and 240GB at godaddy? 1%? 0.001%?
What if you're only using 20GB bandwidth and 20GB disk space on godaddy/EC2?
20 * 0.2 + 20 * 0.15 = $7
I think this is a much more likely scenario for godaddy customers.