What’s the difference between managing your own dedicated server and getting hosting service for one?

Question by Zero X Void: What’s the difference between managing your own dedicated server and getting hosting service for one?
The pros and cons of having your own dedicated server to manage and the pros and cons of getting it from a dedicated hosting service? And what type of website would benefit for either of them?
Best answer:
Answer by David
If you run your own server you can do any downloads and upgrades, run whatever software you want. But YOU have to manage it and make it work. You’ll probably be running older software because you don’t want to take the whole system down, and possibly not get it up again, to upgrade. If you have a power outage you are completely offline and unavailable to your customers.
If you have a dedicated hosting service like GoDaddy, Google or Yahoo, they have hundreds of engineers and IT people constantly maintaining and managing the servers, with multiple backup systems and virtually unlimited bandwidth. Generally, you get current software, current technology, full time network staff, multi-location hosting, etc.
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