I use WhizHost (www.whizhost.com).

For $99/year, you get 3GB of space and 30GB/month traffic.
You can host up to 10 domains on the account.


Web Control Panel for All
Anonymous Name Server
Unlimited E-Mail Accounts
Unlimited E-Mail Redirects
Unlimited MySQL DB's
Proactive Spam Filtering
CGI-Bin, Perl, PHP 4, SSI
Shared SSL, GD Support
FrontPage 2000/2002 Ext
Password Protected Files
Customizable Error Page
Graphical Statistics, Logs
Streaming Media Support
WebMail, Autoresponders

(No, I don't work for them. I just cut and pasted the above from their site)

I've been using them for about 2 years now. The only drawback is that they don't offer smtp mail. So, you'll have to use your ISP's server for outbound mail or use sendmail/qmail or php mail function.