From my experience I get very slow loads at certain times of day. I also get timeouts.
Best thing to do is track a sites uptime with a webtracker and see for yourself. If you know their host, so much the better. Then at least you have hard facts and figures.
MWF gets a small glitch very occasionally if they have to reset a cluster for the mysql. Usually about 2am and may affect 1 user, by the time they hit refresh its back up.
The golden rule though with shared hosting - the host is only as reliable as the server you are put on. That is why so many people have differing views.
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