Rick, I just looked at GoDaddy's site. They provide VPS (Virtual Private Server) but I do not see VDS (Virtual Dedicated Server). I may be splitting hairs here, but dedicated servers are more expensive than $50 per month. I see VPS solutions from GoDaddy in the $30 and up range.
Are you using a VPS account? If so, which level...they offer several. The features sound good and I have used GoDaddy for years, so I am familiar with their service and quality. I know allot of folks bad mouth GoDaddy, but I have not had any real problems with them.
Are you on one of these packages? If so, which one?