I changed to Godaddy Hosting late last year because:
- they were within my budget
- PHP 5.3 is available, which is not common amongst the lower price range hosting suppliers
- I already used them to register some domains
Initally I had a great deal of problems mostly due to MySql lost connection errors. The MySQL scripts used were tried and tested on two other servers but produced about a thousand errors per day on the Godaddy server. I supplied logs to Technical Support detailing the failed connections but it was no easy task in trying to convince Technical Support that the problem was there end and not with my script.
Eventually the problem was cleared, maybe due to the comments made when replying to there Technical Support Questionaire. I stated that if they allocated some cash from their vast advertising budget to improve the server hardware then they should get more customers
One thing I did notice was that their FTP data transmission, on this side of the globe, is noticeably faster and even far better than the expensive Chicago host I used to access.
The server is very fast sometimes but also according to Google Analytics has a habit of dropping about a dozen pages per week. Unfortunately I have integrated a free CDN service so it is not easy to pinpoint the problem.
I do miss the simple Cpanel and curse the complexity of trying to navigate the relatively slow Godaddy backend.
As far as the European market is concerned then you could try their services for a month and if your needs are satisfied then update to a longer period.
So yes I can recommend a Godaddy Starter Hosting Package for personal projects where price is important.