Here are the bad things about that host that I can find:
1. They say the server is based in Romania, so for people not in or near Romania may see unusual delays in accessing their site. Plus, I have no idea what kind of Internet connectivity/backbone is in Romania and how stable it is.
2. In their FAQ they say you can't change your account password. Very un-security like. I recommend ALWAYS changing your account, UBB & FTP passwords at least every 6 months.
3. Their FAQ says each account is limited to 4MB of space. Not really much you can do with that. A basic UBB with no posts nor members is close to 3MB.
4. There is a required popup ad, though you can opt to have it display as a page banner on your pages instead.
But if you are okay with the above, then go for it.