Pretty much. Everyone wants to upsell you on their hosting, page creation and blogging tools where they have ridiculous margins. How much disk space and bandwidth do you think a random small business or Jane Rando's recipe blog actually use vs. what they're being charged for? Not to mention things like "brand protection" where they'll do you a solid and buy/squat your domain on the .xxx and .sucks tlds for extra $$ each month.