It can be done. Lot's of people host on their DSL lines and cable modems without any problems. However, I would not recommend doing this as a "hosting company" trying to host multiple sites for other people... you will fail miserably. If you just wanna host some of your own domains and sites, go for it. If your connection is good, and your system is fast, you won't really see too much of any slowdown as far as surfing or anything, but do it right and make sure you set up secondary DNS for yourself, and put a damn good backup system in place or when your system crashes... so do all your sites.
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