I also have had 1 and 1 for well over 10 years, and have never had a problem. And, I have also never missed a payment. My credit card did expire one me one year. They sent me an email informing they had tried to bill me and couldn't, and gave me a bit of a grace period (a week I think). I paid it immediately and never lost service.
Now, I hardly do anything on there any more, it's all static crap except for my step-father's business site. Well, that's pretty static too but doesn't quite fall into the "crap" category.
The only other service I have experience with is GoDaddy, and that was just to help a friend who had hosted there. The problems I had there were in no way GoDaddy's fault, so I would think you will be safe there as well.
If it is just a simple site to have some content out there, I'd say you have plenty of options and just need to pick one. Now, once you get into running your own servers and such, best to listen to these fine Slashdot folks and then do some more homework on your own.