hosts.deny vs iptables

[CodeHeads]

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Hello all,
I searched the archives and google and did not find what i was looking for.

This is my setup:
Web Server with virtual hosts; FC4; IPTables and SELinux Running

My questions is which is better, IPTables or hosts.deny???

I read some where, cannot remember, that hosts.deny does not read httpd
requests??

I am mostly concerned in blocking IP ranges with either.

Any thoughts?

Thanks,
Will
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