Wow, just read that GoDaddy is having an outage that so far nobody seems to know the cause of. I haven’t experienced an outage for more than a few minutes that I have been aware of with BlueHost. I have had sites hosted with them for years and I think most of my outages were the result of my own mistakes.
Having never hosted with Godaddy I can’t say anything good or bad about them. But unless your shelling out the big bucks for a dedicated server or a server in the cloud. Downtime can happen. Be careful who you choose as a web host and be even more careful about sticking to a solid back up plan so you can move your site in the event of a prolonged outage.
Just my 2cents.