I don't know how tech saavy I am, but I continue to use them because they provide low cost Windows based hosting which is relatively easy to use. Every time I look for an alternative, a comparable level of services is significantly more expensive at other providers. I wish it weren't the case, but it is.
This is the first rational explanation I've seen for this, so I voted it up. I'd be interested in hearing alternative solutions, if only for your sake :).
I don't play around with domain control much, so don't keep myself informed, but if I were to register domains, it doesn't matter how cheap (or free!) GoDaddy was, just having seen their Superbowl ads, they're clearly not a company that intends to be taken seriously.
You can get away with that with beer ads because beer is basically entertainment. But domains are part of business, a core block. You need that to be reliable and serious. Doesn't mean your ads need to be po-faced, but it does mean that you have to exhibit some nod towards indicating you're a professional company. Nice tits are nice tits, but that doesn't make me confident in the technical nous - or perhaps more importantly, intended direction - of an internet company.