DO IT! I sat around for quite a while before actually checking into them. Don't make the same mistake that I made. I started getting jobs the first week I launched my site. I could have been getting jobs the whole time I was sitting around wondering if I should try them or not. DO IT!
I had just started up my business and had just created my Facebook page. I then realized that I wanted a professional looking website. The problem that GoDaddy solved was giving me or anyone the tools necessary to build your own website. From a beginner to someone like me that has quite a bit of knowledge, GoDaddy makes building a website extremely easy. Their templates make it very user friendly. I use their hosting and I also got my domain name there. I also used their website builder templates for ideas on laying out the pages on my site. It has performed way beyond what I expected. Their customer service was better than everything else. (I didn't have to use customer service because of something they did wrong. It was something I didn't understand.) The benefits are hearing people tell me that they like my website and the biggest benefit is when money goes into my PayPal account from work that resulted from information on my site.
It has everything to get on the web. You can start out with hosting, then acquiring your domain name, then actually building your website with the "website builder", and finally launching the site. Any of these steps can be done in several places on the internet but for the money, (which is the lowest I've found so far), and the one-stop-shop feature, you can't beat the value. PERIOD.
I don't have a single thing that I can say is wrong or can be improved. If you want a very nice and professional looking website, just go there, and try it. There's usually a free trial, or there was when I considered them. Pay the $9 or $10 and whatever minimal charges for add-ons and enjoy being on the web.