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mysql - choosing hosting for custom ecommerce site, shared, dedicated, what to look for?

I have (almost) developed website for my client and now
need to decide on hosting. Most of the users of the site will be located in Australia,
and so am I and my client. Now, I want to consider everything before deciding on host
and few questions comes to my
mind:




  1. I cannot
    afford website being down, and all hosts say something like "99% uptime guranted".
    Should just that be enough or shall I ask hosts for some stats
    maybe?


  2. Does it make any difference if
    servers and whole hosting company is located in Australia or outside? I've been hosting
    few sites with JustHost.com on shared hosting (cheapest plan, servers in US I believe)
    and never seen any delays but could that be an issue? I would prefer Australian company
    so I can actually go to them and give them piece of my mind if something goes wrong, but
    US servers seem cheaper.


  3. Would share
    hosting do? Its ecommerce custom build php application, I know there are security issues
    with sessions etc on shared hosting. Will take precautions of course but could share
    hosting be an issue? Would dedicated be worthy option considering that my knowledge of
    server is very
    limited?





I
need to run php/mysql, with preferably unlimited bandwidth as with my experience I
cannot tell what amount of traffic would be sufficient.
Please let me know if
I didn't provide you with enough information so you could answer my questions, will
gladly explain further. In advance thanks for any answers :)

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