I've never heard of them, but that doesn't seem like a bad deal. The real question is...do you need all of it? Will you come close to using it within a year? Those are things you should consider when purchasing hosting because you usually get what you pay for.
You may want to make sure that they dont have size limitations on databases, a lot of hosts will boast a large or seemingly good diskspace quota but prevent the user from having a databasethat is over a certin size.
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