Oh yeah, I'm well aware that it's overkill. My current fileserver/Myth backend that is more than up to the task is an 800 MHz PIII. Spec'ing out the rig made me realize that for about $100 more I can have a relatively high-spec machine with all the modern goodies. For instance, the difference between 1 GiB of DDR2 and 4 GiB is $7. The difference between a single core 45W CPU and a dual core 45W CPU 200 MHz faster is $4. I'll pay those. The biggest part of that cost by far is the disks.
But its unless you will be using it for something other then a server, there really is no point what so ever. I can't see a home server needing a dual core. any time in the future before we all get some sort of brain implants. Saying that I also ended up looking for performance per cost when I was matching up what to get and constantly upgrading to the next "level" just because it was under £5 difference. Do that enough and you end up with a pretty pricey box.
Actually was about to ask where you found those 45W chips, but then saw you are using $... That's so unfair, they never release anything I am looking for in UK . Well at least when I was looking for low powered models.