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You can also use things like AWS S3 bucket or rack space cloud files as the hostname therefore making it easier to get your website closer to whatever country you are targeting. So everyone knows I believe Akamai has over 200 points of presence in the world that's quite a few and they're available through rack space cloud files.

I asked this same question a little while back and got some great responses: http://moz.com/community/q/shared-hosting-bad-for-seo-exp-godaddy Hope this helps! Kyle

Thank you a lot for your answer, Tom