As you know from seeing my projects page, I've been working on building a ZoneMinder server. ZoneMinder is the software that manages the recording of multiple security cameras, streams live video over the internet, and provides all sort of analysis and other goodies. It's a robust, mature application.
Camera Setup
System Specs
Total Cost = $1110
Additional Components
After endless research I've spec'ed out the ideal system for this business's needs. They currently have 4 cameras: 3 black and white analog and 1 USB Intel webcam. Over time about 4 color analog cameras will be added. For this I picked out the following goodies:
Because the video encoder cards I use are all PCI I needed a card with more than 1 or 2 PCI slots. The chosen Gigabyte motherboard has

Gigabyte EP35C-DS3R. Ignore the single RAM chip. My 2 2GB chips haven't come in yet. This one's a spare.
A full size ATX case would be preferred for cooling reasons, but a mid-sized ATX is what I had around. The server will have around 8 drives eventually so I might be forced to upgrade.

The new Seagate 80GB 7200 RPM drive is significantly thinner than standard XXXGB 7200 RPM drives. In fact, it turned out to be a pain. Given the way this case is setup, the drive doesn't get secured that well and is actually a little loose. The smaller size and increased density may make heat a bigger issue as well.

Check out those macro photography skills
The hard drive setup will eventually be
For now there's just that single 80 GB drive as the OS drive. The current backup strategy is to have a seperate 500 GB drive on it's own solely for backups. It won't be part of any RAID or LVM setup.
The reason for using LVM for storing the recorded video is that a quality RAID 5 card with it's own chip for XOR operations runs around $500. With LVM I get disc spanning, but without the redundancy. A single disc failure can wipe out the logical volume. The reason this is a great low cost alternative when using ZoneMinder was discussed previously. Given the requirements, this is acceptable given a single important caveat. When a user archives a particularly recorded event, a cron job will backup that event to the 500 GB disc that's not part of the logical volume. That way if the volume fails, the important videos have been backed up.
The video encoder cards and high number of hard drives concerns me from a cooling standpoint. The server will be writing to the drives at full blast 24/7. The encoder cards will be at full capacity 24/7 no matter what. In order for ZoneMinder to determine whether there's motion on screen for example, it needs to analyze the incoming video stream. So the encoder cards are running at a constant rate. For this reason I bought some serious 80mm and 120mm fans. Beware though, they get up to over 50 decibels loud. But for the amount of air these suckers can push, I can forgive them.
This system currently has a load of roughly 3. Once I get more tests done I'll post benchmarks.