Hello,
From reading around the forums with how people struggle with GoDaddy even for working with skins, I wouldn't use them.
You can select a shared hosting plan with any of the providers listed here:
http://www.dnncreative.com/Forum/ta...fault.aspxdo a manual install and you have full functionality with no problems. - You can run it in the root folder so it will be your domain name without any folders at the end of it. - Makes much more sense to me than going with GoDaddy, but that's just my opinion.
It's worth having a read in the link above at various peoples opinions on the hosting providers and then you can see what will suit your needs. - This site is running on a shared hosting plan if that gives you an idea of the performance that you can get from shared hosting.
Thanks,