Comparing GoDaddy and Arvixe is an interesting process because they both have lots of options, and are able to provide hosting services to all their customers no matter what they need. The big difference is going to be with the quality of the services that they offer. GoDaddy is rated significantly higher in each of the five categories where users rate their hosting companies, which gives them a big advantage. Their tech support is rated two full points (out of 10) higher than the tech support from Arvixe, so it is clear that GoDaddy is the winner in this comparison.
I host a blog site http://digitalbhat.com with GoDaddy and found it satisfactory. I recommend this host to all on merit basis and overall experience I had with the service provider.