Thanks to a comment on my "Web Host" post, I was reffered to an awesome deal on Web hosting by Dreamhost.
Dreamhost is having a special promotion if you sign up for their Crazy Domain Insane. If you enter the code "777" during Step 5 of your order, they will take $100 off the order. This means you get one year of web hosting with following features for $9.24.
Click here for more information
• 2400 MB Storage
• 120 GB Transfer ($1/GB extra)
• 3 Domains Hosted
• 15 Sub-Domains Hosted
• 600 Mailboxes
• 75 Shell Users
• One FREE .com/.net/.org/.info domain
• CGI/FrontPage 2002 Extensions
• PHP4, perl, python, C, C++
• Unlimited MySQL Databases
• IMAP, POP3, and Web-Based email access
• Unlimited email aliases, auto-responders, announcement lists, discussion lists, media streaming, and more..