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/Peo, FreeWebSpace.net
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I'm thinking that this information is for very developed hosting providers. People who are starting or have started recently won't need nearly this much information. Great compilation, however.
Free Hosting has multiple pros and cons, so I'll just be going over a few of them.
Pro:
You can easily test out and start your website without paying a cent
Many times, paid hosting has the same uptime as free hosting (just a marketing gimmick)
Cons:
You'll be limited very...
Depends who you are!
If you're just testing out the hosting waters, you should definitely go with a free hosting service just to see how everything is. If you're dedicated to developing your website, just to be safe you should stick with paid hosting services.