Last I had heard, several years ago GoDaddy was making it very, very hard to transfer domains from them for people who wanted to go elsewhere for business. I've administered sites for people in the past that use them for hosting, one was okay, the other was a pain in the ass in terms of me being able to get in to upload files.
"You know how parents tell you everything's going to fine, but you know they're lying to make you feel better? Everything's going to be fine." - The Doctor