Godaddy have no credibility in the "lower price domain names" statement. They used to be cheap for .com, but now they are among the most expensive. They give you a cheap 1 or 2 year deal, then whack up the price.
I've moved all my domains away from them for this reason.
Most of these "vanity" domain names are all but useless anyway, which people are finally starting to realise.
Biting the hand that feeds IT
