By "planning" I meant I already have the server paid, configured, the host bill software up, and support services ready. I'm sorry, I used a poor choice in words The only thing that is necessary still is for my (procrastinating) partner to finish the web design. Everything else is fully operational, and I already have a few accounts hosted. Backup services are a go as well. Oh, and I did forget to mention that I do give you a sub-domain name, of xxxxxxxxx.babblehost.com
EDIT: Also, your plan is specifically NOT ad-based or post-for-host. I have other income sources on different services that I plan on offering, so I'm not going to just disappear overnight like many free hosts tend to do.