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I run from a small VPS (check sig), several vhosts, about 10 blogs, some TGP's, two tubes,... loads of visitors....
If setup right (both the server and the wordpress blog), you don't need an expensive host...
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Need a VPS? I use Ramnode, great uptime, friendly support and only $62/year (after their lifelong coupon) for an openVZ VPS => [email protected], 512Mb ram, 512 Mb swap, 120 Gb SSD, 1Gbps port, 2 Tb bandwith, 1 IPv4, 16 IPv6, weekly backups
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