Interesting way to look at it, and that does make sense. I'd love for a competitive one to pop up that accepts BTC as well. Love my current host (cheap, effective, and the staff is knowledgeable) but can't get them to take BTC.
From what I've seen, there are still a good number of hosting companies that accept bitcoin and are well worth the price (in other words, cheap). I'm currently using one with great pricing + support members) and accepts bitcoin as well.