• I host my domains at HostGator because the ease of installing the programs I'm about to share with you is a one-click process.
• You don't have to host there, but it helps to have a host running Fantastico Deluxe scripts in CPanel.
• Unlimited domains is a great feature because once you have a site, you can affordably add new sites for the price of the domain ($9.95.)
• Unlimited databases, space and bandwidth are great features too.
• You can set up a site at Hostgator for $4.95
• Buy your domain names at NameCheap rather than GoDaddy. You get privacy protection included in the price and GoDaddy charges you more for this.

In summary, set up an account with HostGator and write down your DNS server names to have handy when you buy a domain at NameCheap. If you input your DNS entries when you buy the domain name the DNS propogation will happen immediately rather than 24-72 hours.