Benefits:
More security. You don't have to give out your FTP details or password. Your blog's accessibility is dependent only on your server, not the remote hosting service's.
Disadvantages:
You need to have some basic knowledge about installing blogging software and scripts on your own server and troubleshooting problems. It requires some knowledge of changing directory access permissions, and other basic script installation techniques. Most of the blog software creators run helpful online forums and discussion groups to help out with problems.
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