I have decided to move my blogs to Godaddy's host that comes with WordPress preinstalled/preconfigured. Management is very easy, and I am now able to use WordPress' built in plugin update mechanism. Also, Godaddy will manage update the WordPress install.
I was easily able to export the posts from my the WordPress installations on my Virtual Private Server, and import them into the new installation. I was able to test the new setup, before changing my DNS records, so I was able to make sure everything was working before I made the switch.
For this blog, I didn't move over the mod_rewrite rules that I had setup to make sure the resources from my previous LifeType install would work. So older posts will have missing pictures/resources.
One thing that I am going to keep an eye on is the reliability of the service. About a day after I moved my blogs over, Godaddy's WordPress hosting servers had a configuration problem, where connections weren't being made to the database. When this problem was happening, my Virtual Private Server was running fine. If this problem happens a lot, I will move back to my server.