If you need cheap, fast web hosting, I'd like to introduce NetJibe http://netjibe.com
. They provide some very reasonable prices, but they really do outperform other overloaded web hosts. There's nothing worse than a server that is crammed full of accounts.
Plans start at $5 & includes more server software than most web hosts (the even have ImageMagick!), so you can do everything you need to, with fast proccessing, and blazing internet connections.
Give it a try, and for those curious developers & server admins who are curious how their server stacks up, get a $5 test account, and run some scripts to compare the speeds. Check the processing speed as well as the overall speed(which includes the connection), and I'm sure you'll be suprised.