Not wanting to fiddle with my main corporate web site hosted by brinkster.com by bouncing it to ASP.NET 2.0 (it's currently running ASP.NET 1.1), I decided to do some research into 2.0 hosting. I was genuinely surprised at how little it cost to get a development site up and running. I registered a '.co.uk' domain for just over £6 (US$10 or so) with www.123-reg.co.uk, and then setup my hosting with DiscountASP net (try the promotion code http://www.discountasp.net/kbalertz.aspx to get free setup and 6 months free hosting). Total price, US$60 for 12 months hosting, including POP3 e-mail. Even with UK VAT @ 1.175% this is only around £45.
£50 for two years domain registration and 12 months hosting, bargain. By the time the 12 months are up I can decide if I am moving fully over to ASP.NET 2.0 on the main site, and can dispense with the 'development' domain.
I'll let you know my experience of DiscountASP over the coming months.