I've got an extra PC here with a Core 2 Duo E6850 @ 3GHz with 2GB ram in a NZXT case. It's got a rather low end mobo but it does have 1Gbit networking.

I'm thinking of turning this into a file server rather than buying a NAS. I'm thinking of Windows Server 2008 since I mainly have Windows 7 running here.

Other than backups, what else can I get such a system to do? Does Windows Server include all of the necessary software or would I have to buy something else for streaming, etc. I assume it has a network backup tool. Would some kind of raid configuration be wise for this? Pros & Cons?

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