The domain reg is a 'loss' leader for the shared hosting packages. The whole business model is based on the idea that all 95% of people need to do is get Regist

The domain reg is a 'loss' leader for the shared hosting packages. The whole business model is based on the idea that all 95% of people need to do is get Registration + DNS + POP3 + host some static HTML. The pricing is inline with that. GoDaddy keeps the 95% of people who can be served on that model. The other 5% should know well enough that they won't be served well by that.