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well all the high points have been made already, its not really worth it, most hosting companies have several virtual machines per system that cut their cost's drastically, you will not have the bandwidth to handle a large load of people, you don't want to have to worry about the security issues, and most importantly, your ISP most likely blocks port 80 so you will have to route your website through an alternative, i used to host through 8081, but it was a hack.
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