I have had many adult sites hosted on a dedicated with them for a couple of years and never had any issues aside from the constant downtime. I have planned on moving the rest for a long time and will be soon.
Hell, they don't care that meatspin is hosted there (this isn't me). Listen to when he says they will take all of the domains in the account due to a major complaint. Also mentions that adult is fine. I am currently transferring all of my domains from Godaddy to Moniker due to the constant horror stories I read about Godaddy.
http://www.meatspin.com/godaddy.mp3
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