Having been practiced opencart, zencart, and magento on godaddy a while, here are some comments and experience.
For Installation, godaddy helps you install zencart for free, and both opencart and magento are easy to install. So for this part all three are ok.
However, since magento occupies too much memory with my vps, after installation and then playing a while, I give magento up.
For upgrade, since it's on godaddy, I leave this part to godaddy's support, so no worries if you use zencart on godaddy.
As for opencart, if you are a php guru, upgrade is not painful for you as well, i.e. if you already installed the new version, then you don't need to run the upgrade.
If you are upgrading from an older version, you will need to upload all the new files over the existing files, overwriting all.
Then run the install/upgrade.php
For usability, I just reached payment module for opencart and found out that with the latest opencart version 1.1.3, there are issues with google checkout payment module, and some promised modules for old versions do not work on this latest one, so it's better to take stable versions.
While, although magento may be the best full functional open source shopping cart in the world, it is not suitable for vps on godaddy, and opencart (at least the latest version) is not very stable and some must be features for online money makers, such as google adsense module, affiliate modules, are not provided. Thus zencart, besides its technical support from godaddy, is the best among the three.
PS
If you have not many php and web development skills, and don't have enough financial support for your web hosting, and don't expect your shopping cart earns huge amount of money, among the three shopping carts, opencart, zencart, and magento, I recommend zencart for you.
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