Antec case/fans/PS, typical dual core processor, 4 gigs of ram, 1GB Radeon HD 5770, dual 1TB drives mirrored as a basic backup, BR-ROM drive for watching discs, and I have a SATA2 hot-swap dock for spare drives with media on them.
Don't cheap out on the case or the drives. nothing worse than the whining of fans and drives while you're trying to watch a movie.
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