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my first adult site was built on an info and still brings most of the traffic today. also transferring out of 1and1 is easy because it's the same procedure for any provider per ICANN rules.
I don't fancy them that much nowadays since getting .com's/.net's or .org's is under $5 but still if you need a cheap one and can't find a free .com/.net/.org I'd say you could use a .info as well.
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