Hostsave will also register your domain for $20 a year, although I prefer Directnic - $15 a year per domain, with a really good interface (and I like keeping hosting separate from registration, in case problems ensue).
For $7 a month, you get:
www.yourownname.com
International Domains Okay
30 MB Disk Space
4000 MB/month Data Transfer (I get 10,000 hits a day and haven't even come close)
