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however bear in mind that what you will be servign is the upload speed, which is (always) significantly less than your download speed on adsl.
... so think about when you are visiting a site and if you are seeing it a t maximum speed for instance, say you hosted that site, it would take 8 times as long for a similiar user to download.
personally i have 512 upstream and wouldn't host a site however i have been know to host a test site briefly and it works fine, however i think you should bear in mind ...
know what you are doing, you may well be exposing all of your data on your computer if not set up right.
if they are grafics heavy forget it.
if they are early days without much traffic then why not.
however cheap hosting is available, for instance there are packages with multi site hosting, mysql php etc for around $5 a month