I put up my first BlueHost site about 18 months ago. I now have over two dozen, spread across several accounts. I've been very happy with the available services (I use Fantastico quite a bit) and have yet to run across something they couldn't provide. Downtime has been minimal, and with the exception of one or two minor glitches, support has been prompt and solid.
I do music downloads and some audio of interviews and readings... no bandwidth issues.
They seem to be pretty judicious in resource planning; adding new services and raising limits aren't automatically applied to existing accounts, but all you have to do to get them is call.
I'm running over a dozen blogs (Wordpress) and a almost that many sites that have music/multimedia and/or content managment systems (Coppermine, Joomla!, and Drupal).
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