Price wise I don't want to be paying more than £70 per annum at absolute tops and as SiteHQ come in at £50 I'm looking to either beat that on price or features/service
Sub £50 for that, and you won't be getting much in terms of support. Last I saw, SiteHQ were using Rackspace for their UK hosting, which to me, would be extremely beneficial, as you'd know that there would be both SiteHQ staff, and Rackspace staff available to sort out any issue. RS also have good connectivity
What's teh difference between a dSLR @£1k, and a point and shoot camera at £30? Nothing surely, as they both produce a photo.
Cheap isn't always good! They might still be a host, but to be hosting at that price, they have to be cutting corners somewhere!
The puzzling thing for me, is that the footer says (C) 2001-2008, but the company was only incorporated in 2005...