Hey,
My partner and I just launched www.90megs.com , a free and paid hosting service. Our free account comes with everything a normal paid account would come with, and no ads.

Free Account Statistics

90mb Disk Space
9gb Bandwith
No Banners, Popups, Text Link Ads
Cpanel
Fantastico
Php / Zend / Perl / Cgi-bin
1 Ftp Account
Mysql Databases
WebStats
Use free subdomain or existing domain

Our domain name is still currently propogating, so people may have trouble accessing their free hosting.

After registering your free hosting account you can login to cpanel through
www.90megs.com

Until the domain is fully propogated, you may need to access your website via

www.90megs.com

If you are using an existing account, our nameservers are:

ns1.90megs.com
ns2.90megs.com

We own a dedicated server and we plan to be giving out free hosting indefinitely, you won't have to worry about lot's of downtime or the speed of the server =).