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I would get off the shared hosting machine and get a VPS dedicated server. Lower costs and all the benefits of a dedicated server. Plus as your site grows the server can grow with you. Would also give you room to move your blogs over if you want to keep everything together. I would go with a managed hosting provider as they will handle all things server for you and let you focus on your site and traffic. Also make sure there is a backup plan included, no fun building and then losing your work. Let me know if you have any questions as I am here to help.
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