Hosting Options

I’m currently hosting my site on a company server. It’s been great so far, and I have lots of flexibility with what I can do with my site because of where it is situated, but I’m getting to the point where I may have outgrown our servers. Traffic spikes are a major concern for many site owners these days… If content gets dugg, it could easily bring a site down. I won’t say that a lot of my content is compelling, but there have been a few things I’ve posted recently that I’ve had to explicitly ask for it not to be submitted to digg.com. The reason? I don’t want the server I have my site on to be overwhelmed or any of our client sites to be effected by a sudden surge in traffic.

So, I’m going to start shopping around for a new host. I’ve been looking into MediaTemple and DreamHost, but I wanted to see where I could get the most bang for my buck. Where are you currently hosting your site at? What features do you like about your current host? Why would you recommend them over someone else?