Exactly.

Seems to be a reasonable spec for a home server.

I priced up a machine at CCL yesterday as well but that came to about £450. For that price, I would be SORELY tempted to pay a bit more and go for a Mac Mini... That way, everything plays nice (I already have Apple Server), I get a media centre etc. However, that sort of price is a bit of a stretch at the minute as I'm in the process of buying my first house.

Downside, with the Time Machine backup down, I need to sort something out reasonably soon as I'm without a backup....