If your going to have 5 sites on the same IP that interlink : no biggie. The links won't be as valuable as coming from a site thats on another IP, thats it.
Have 100+ sites on the same IP and interlink them? You may get slapped or the links will count for nothing because everything is coming from your own network.
Have 100 sites on different C class IPs, hidden reg info, etc etc and it will seem like all the cross linking is natural and carry more weight.
If you don't believe or understand the concept, thats fine. But SEO hosting are for those that build huge networks of sites in order to promote themselves and/or sell links.
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