1) Ideally if your not solo playing have a dedicated box to run the server is preferred. Reason being... your client(s) running on the same box will cause system lag on the server (this is bad). It is doable though if the system is higher end. For a small server, you basically need enough graphic power to run windows, enough HD space for OS and EMU, and prolly 1-2GB available RAM should be plenty for what your talking about. As always more RAM the merrier.
2) been out of the loop awhile and not sure about the revisions.... i have DB 1265 and not having issues thus far...
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