Updated: When using Archive Today has moved from .ph to .vin however, when creating a reference for Wikipedia always used .today as the URL. If you do not the links will be changed into Archive.Org links which is a company that controls the Wayback Machine which will exclude many domains. A bot has been created called the Green C Bot and it goes around and changes all Archive Today links into Wayback links. Its likely that the URL you are saving will be later excluded and become a dead link.
As websites go out of business or change their links the links go dead in a process called Link Rot. Here is an example, I looked for the Song Nowhere Girl (link to live performance of Nowhere Girl on You Tube) on Wikipedia. B Movie is the name of the band, and the label is listed as Some Bizzare Label. The website listed for Some Bizzare Label has been removed. I found a saved copy at Archive Today. On the page there is a note “Site Maintained by premeditatedmedia.com” but that site is gone, and is redirected to Huge Domains Dot Com. No one saved the original page, and now its gone forever. So, if you did a lot of work on your website, but you want to removed it due to ridiculous huge hosting fees (which means your website costs more money than it earns back) you could save the site in archive is. Your information could be found at no addiction cost and without you doing any work to maintain or pay for the website. A smart move.
B-Movie was later signed to Phonogram Records. I don’t think Nowhere Girl got any play in the USA. I was always listening to KITS when later became Live 105 the Rock of the 80s. I don’t think I ever heard this song on the radio nor was in a video on MTV.