One thing that makes sense out of everything I've read so far is that at some point, you've got to stop reading and take some action. And since I've decided that in the long run, it would be better for income purposes if this blog was on its own domain, I did a little research yesterday on some hosting companies. I think I'll go with InMotion. The price is really reasonable for the services they provide and they've gotten great reviews.
I'll let you know when I make the move.