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WP Engine (http://WPEngine.com) laregly solves any of these lingering concerns, or makes them irrelevant. It is also relied on by many, many Fortune 500's through to YC Startups. (Disclosure, I'm a confounder but not actively involved in the company these days)

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Very familiar with WP Engine! However, my question was more around what other platforms can I set up on the hosted space I already have, rather than paying for someone else to host my WordPress blog.

Thanks though!

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