If you are worried about performance with high traffic, remember install a cache plugin like "wp super cache". This greatly improves performance of wordpress by caching an html version of every page, so that the web server directly sends the html version instead of running slow wordpress php.
Most of my sites are with Hostgator but considering moving some to http://wpengine.com/, as I have heard a lot of good things about them.
EDIT: If anybody is having issues with their wordpress host or your page load speed hasn't been improved with a caching plugin then you should do a search for "managed wordpress hosting"
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