In this video he is specifically talking about hosting a web site but in addition to the questions that need to be asked are ones pertaining to video and traffic.
You also want to check the following additional resources on web hosting:
- About.com on Video Web Hosting
- CNet Web Host Forum
- Gina Hughes post at Yahoo.com on Free vs. Paid Hosting
- Robin Raskin at Yahoo.com on How to Move Your Website To A New Home
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