New House, New Server

I've decided that once Robyn and I buy a house - sometime next spring - I will need to dedicate a closet somewhere to housing a (more) powerful media server. I am getting too nerd-excited about this already.

I've got my eye on this rack-mountable enclosure that can hold 11 hard drives:

And some type of real - but tiny - server rack from these guys like this:

In terms of components, I'm thinking about something along these lines:

• Windows Home Server 2011 (I have Version 1 on my current server and love it. So easy to use, super easy backups, and easy music/video streaming to Xbox 360)
• 750 Watt PSU
• 2x 2TB Hard Drives (just for starters - then I'll move over the 5TB of capacity I have in my existing server, READY2SERVE).
• 4GB RAM (but RAM is so friggin' cheap - I've seen $30 for each 4GB, so 8GB would be $60)
• Some dual or quad-core CPU (not too fancy - this server will mostly serve media, run backups and download things)

I think I can do everything but the server rack for under $700. In my opinion - totally worth it!

Also on my wish-list for the magical server closet (extra costs):

• Have a 120V AC outlet installed inside this not-yet-existent closet;
• Slatted closet doors for easy ventilation;
• Have the internet wired directly into the closet, where a router will feed a gigabit switch. The switch can feed hard-wired ethernet ports beside the entertainment centre (Xbox 360) and an office/den, if we have one. I also want to hide a wireless router somewhere in the house (maybe on the ceiling) for maximum wifi coverage. 

And most importantly: does anyone have any good ideas for a server name? And is it crazy that I put a lot of thought into naming computers? My current server is READY2SERVE, my laptops BRAHMTOP (died last summer) and DETHPAD (current, named for Dethklok), and my desktops have been PERCEPTION, DECEPTION, INDUCTION, and PERSUASION. I feel like it's bad form to use a name twice.