The promo code discount only applies to your first payment, after that you will need to pay the full price if you want to keep your hosting at Dreamhost.
In my opinion the Dreamhost plans are good value even at the full price and if you refer a friend or two to Dreamhost the rewards payments can go a long way towards paying the plan renewal cost.
Pay just [color=#CC0000]$22.40[/color] for 1 year Dreamhost hosting, use promo-code [color=#CC0000]MOJO97[/color]
Save [color=#CC0000]$97[/color] on all 1 and 2 year plans!! (Max saving on monthly plans too!!)