If you are going to use it as a stand alone server, you will be fine with either one. Personally, if you can spring for the extra bucks get the new one for the upgrades processor. If not, there will be no sonic difference. That's all you need for a server. I've got a very large library and it works great! I also have two 1TB iomega HD's connected via Firewire 400 and use SuperDuper! as my backup (bootable backup) software.