You will also need to ask any prospective host about whether they allow torrents, for their server to be used as a media file server, and if they allow you to host copyrighted material (if your material is copyrighted by someone else other than you).
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Most hosting companies don't allow torrents, you can clearly see that in their term of service. However if you are doing something that is totally legal than it would definitely be ok.
Koolfire, still its extremely hard to find a host which gives you high bandwidth cheaply. Or maybe you can just say that they are not existent. Many web hosts just oversell so don't get fooled by the bandwidth and space that are not really there.
I too am of that opinion. I think hosts don't allow torrents and also they will suspend the account if you are using torrents.They can see the torrent infermation in their server when some one using it.
It may take more system resources.
People often have some doubt about torrents.As per the rule of web hosting it is illegal even a LINK.