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Web Hosting
All depends on what your website is going to need. How many visitors do you expect to have? Are you going to have lots of large graphics on the site? Do you have a lot of articles or products that you want to put in a database? Do you want to have an email address at your website (yourname@yourdomain.com)? On and on it goes. Each host you look at will offer you different combinations of features at different price points, and finding the one that's right for you can be quite a task. Here's a technical-to-English guide to what you should be looking for.
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MB storage. The more MB of storage you have, the more you can put on your website. For most websites, this number can be really very small without it being much of a concern – the pages would be too big for anyone to download and see before they'd be too big to store. You only really need to worry if you're planning to put something apart from plain pages on your site. If you want to make a gallery for your digital photos or let people download ebooks from you, for example, this number needs to be higher.
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