HostGator is great.
They are very strict on account suspensions (due to nonpayment) They will outright refuse even a backup of data and will make you pay for time you were offline (My site was off for like 5 months, so I had to pay just under $50 for the time I didn't use/have access my files)
On the flip side, their support is good. I was running on some money issues and wasn't getting paid for a few more days after my payment due date. I asked for an extension and they gave it to me without any problems. The one thing I don't like about HostGator is that unless you override the error pages setting with .htaccess, if someone gets a 404 error on your site, they'll get one that looks like HostGator's layout, etc with a "Page cannot be displayed thing" So it's like.. free advertising.
I'd give the thumbs up to try them out
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