Web Hosting, Ronin's Call?

So I think I may get into small time web hosting. I’m making plans to pony up the $24.95 a month for my own reseller account with a company I know and have had good experiences with in the past. From there I’m going to appeal to my SCA (medieval re-enactment group) ties and offer low cost hosting to them. I’m also going to try and appeal to folks on campus. School offers web space (as far as I know, but no CGI etc…) so an affordable solution may be welcomed.

Anyone else here have experiences to share? Thoughts? Ideas?