Well first, thanks for this post. I know I'm late to the game here, but I just set my site up with GoDaddy, and this was a life saver.
I would highly suggest using either Dreamweaver or another FTP like Cute to upload your files to GoDaddy. I originally setup my site as a FTP connection and every time you edit the page, switch views, anything it reloads the whole site. To the posters above, If you follow the steps on the first page from with in the DB manager, you can create your admin accounts, but to log in you need to be approved. In the asp.net_memberships table, there's a bit field called IsApproved, it must be checked to login obviously.
I am also relatively new to using .NET apps, can someone with experience tell me. How do you approve users without going into the DB? Or is that something we would have to create, ie. another admin page like the photos page?