I have 2 dedicated servers and it is more expensive but it allows you to add all your sites, client sites, test sites..what ever all in one place. I haven't been on a shared host in many years and the reason I switched in the first place is because my host at the time was shutting down my account when ever I did a mass email.. No such worries now.
I suppose if you have a smaller site and a good shared host you can get away with it but I have not had luck in that area.
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