Reasonable brand name: HP,Dell, etc
Dual Quad Core Processor 2.4/2.5Ghz or above
4Gb Ram
Redundant Power Supply (not essential but preferable)
5x 146GB SAS 15K Hot Swap Drives
RAID5 Capable
Gigabit NIC
17" LCD Display
Minimum 3 year warranty - prefer 4 hour response
Windows Server 2003
Symantec Backup Exec (preferably including continous protection agent)
1TB RAID5 Network Attached Storage (NAS), ie: Buffalo Terastation Pro II or equivalent