In terms of shared hosting (which practically means one host with many clients in that server) it has many advantages and disadvantages. One thing is it is much cheaper since you have many “buddies†in that server but the drawback is that the quality is decreased since you have many competitors in the same server which can lead to slowdown at times. But if such problems is of a very little matter to you, then this shared hosting is a okay. One site which provides good shared hosting with one of the best reseller hosting capabilities and offer is ix web hosting.
You can find ix review in searchyourwebhost.com if you want to see its profile but basically, it is one of the sites out there which can give you premium service in hosting for a reasonable amount but with quality. There are many more hosting sites available in the net but I am sure that you will always find ix as one of the top choices based on reviews. But I think the best way to know all of this is to really try and sign up and see if these reviews are true to their words.