Conor, actually GoDaddy has recently run a promotional code that would allow .COM registration for around $3 (it was $2.95 or $2.99 - don't recall), with no requirement to purchase other service/product.

Too bad I was late for the parade, as usual.

But I do agree, GoDaddy has always been pretty smart at bundling services/products and pass on the so called domain fees "savings" to people like us. I guess with their minimal cost hosting plan priced at $4.99 you are not really saving if you add $1.99+0.20 extra.