My home / small business server is a Mac mini G4 (1,5GHz) / 80GB HDD / 1GB RAM / Mac OS X 10.5.8 running continuously since 2006 (usually powered off twice a year for undusting): Webserver / DAV (Apache), Mailserver (Postfix, Dovecot, Fetchmail, Roundcube), OpenVPN server, MP3 streaming (Subsonic), FTP (PureFTP).
It sits headless behind an Astaro security appliance, backups via TimeMachine to a 64GB USB stick, has an APC smart UPS connected to it and has never let me down. One day it will be replaced by a hackintoshed NUC/i3.