I recommend Envescent.net for hosting - they use the very latest version of PHP and SQL (i'm running vb 3.6.4 right now with them, but could run 3.6.5 if i wanted), and their prices are better than GoDaddy and most other hosts, not to mention the other features included in their plans.
I've been hosting with them for about a year and have had no problems whatsoever. Their customer service is also outstanding - they've gone above and beyond in helping me resolve technical problems, and not charging extra for it.
Hosting plan details are here:
http://envescent.net/content/web_hosting.html
Don't go with GoDaddy, i've been with them before and they suck. A few times their hosting was down because they were messing with DNS servers, and if you happen to upload more than your allocated disk space, they will automatically charge you for their next highest hosting service plan, instead of stopping your transfer, keeping you within the allocated space you signed onto in the first place. Long story short: seriously, don't use GoDaddy hosting!!!
Envescent rules. No, i don't work for them, this is truly a personal testimonial. I use their Gold Web Hosting.
Gold Web Hosting $99.95 USD/year
# 10GB* storage & 100GB/month transfer
# 50 e-mail accounts
# Ecommerce support
# Easy SSL integration**
# 5 MySQL databases
# 5 web sites hosted
# 10 domains pointed to sites
# Graphical web statistics
# No setup cost!
# 30 day money back guarantee
# Wordpress, Xoops, OSCommerce, Zen Cart, Joomla and more
# Toll-free live support
* Storage amounts are based on necessity. Please see our
terms of service.
** SSL certificates are $74.95 per year for 128-bit high security single domain registrations.
*** Based on original pricing of $4.95 a month for Silver Web Hosting plan and $9.95 for Gold Web Hosting plan.
See other hosting plans from the link above.