Thanks for the quick reply. And yah, I do see that it might be less of a hassle by just going through Dreamhost.
But what I was really curious about is in this article - https://panel.dreamhost.com/kbase/index.cgi?area=2768 - it states that -
"By ICANN decree, every time you transfer a registration to a new registrar, you need to renew the domain for exactly one more year. Even if you've got four years left, after the transfer you'll have five!
We charge $14.95/year for domain registration, so the cost to transfer a domain to us is $14.95, which includes the year renewal..."
So, if I did register the domain through another company, I would have to extend it another year with Dreamhost??