Cheap home server on a budget

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I am building a cheap home server which will be mainly used as a download box/file server for network sharing (to stream media - Non HD) etc.

Do you think an AMD Semoron 3100+ processor with a sufficiant amount of RAM will be enough for this? Not sure if im going to go for a Windows or Linux OS yet.

What do you think?
 
That Amahi looks good.

I want to pick something that will give me NAS functionality but other functionality (not just a NAS), I want the ability to also use this as a download box, using a torrent client installed on this box which can be accessed over a web-browser, would this be possible?

also backup solutions etc.

Looking at freenas, im pretty restricted here aint i to it just being a NAS box?

Is there anyway to install Ubuntu server or similar and have freenas or similar running on this OS as an app?
 
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Think im going to go with ubuntu server then :)

Bought ram, hdd (os), cpu from members market earlier, already have a case, psu and optical drive lined up, all i need is some big fat beefy disks to go in and a motherboard :)

Also seeing as part of my line of work is network security, is there anything useful I can do with regards to this? I already have a hardware firewall which I need to set-up properly on my networking, but I would like to do things like bandwidth management if possible.
 
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