Jason lurves Windows Home Server—it does automated backups over your network, streams movies, music and photos and is a general-purpose fileshare. If you don't wanna hand HP $400, Maximum PC's got a build-to-stream guide to rolling your own.
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And, even if you'd rather buy a pre-made box—built-in Time Machine support for Macs is a good reason to go with HP's, for instance—they've got some essential add-ins and performance tweaks to get the most out of your Home Server. [Maximum PC]