Ok, I just came to this thread, so excuse me if I'm behind.
I was responsible for purchasing a new server, 5 computers, monitors, printers, etc for our small office about a year ago.
What exactly is the needs for this site? You want reliability and performance for a good price; however you're not going to be running system hogging programs, right?
What kind of services is this server going to present to the community? Is it going to host a
lot of content (photos, audio, movies, etc?) or is it going to be used much like it is now - just a hell of a lot faster?
Honestly, an $8 grand server seems like extreme overkill for what you need it for. My entire office package (what is listed above) cost 9 grand - including a professional installation and data migration - obviously the needs are different, but you get the idea.
Forum software is not very CPU intensive, it just requires good RAM to run efficiently. Unless you are hosting a
lot of audio and video CPU power and extemely fast hard drives are also not essential.
Windows server is also extreme overkill - you're not networking an entire office together, just putting a webserver up. It's easy to want a Bentley, when all you need is a reliable Honda. There is a cost point where all you're going to do is spend a ton of money and won't see a benefit from the pretty additions.
What I feel is important (take this with a grain of salt, as I don't know all what you plan to do):
Processors are running very inexpensive today and are really powerful: An
AMD 64 3.4 ghz processor is all you would really need. Comparable
Xeons are fantastic, but it's like driving a nail with a sledgehammer. Going with Dual processors might be worth considering, but Xeon processors would be just overkill.
RAM: What will keep the forums fast. 4 gigs is a TON - any more than that and I doubt you'll see a benefit. If it were me I'd go with a quality
2 gigs, possibly 4. Again, this is easily scalable - if you find out that you don't have enough ram - you can always add to it. here's a part where you could save some serious cash and add to it at a later date (or fundraiser) if need be.
Storage: Raid is the way to go, but how much redundancy do you need? Raid 0 or 1, with
2 large hard drives imo, is all you'll need here. At the most 10,000 RPM drives is all you need. 7,200 is what I would use - fast enough to run forum applications, databases, and some media. If you aren't going to store a ton of files on the server, then you can easily scale back on size and
go for some speed.
Motherboard: Forget the frills and go for
functionality.
Case: It's important to have a quality case. Good size, expandability, and one that allows for fans and cooling.
Antec is among the best.
Also, I would use at least a 400W power supply. Here's a
good one.
Now the
priced out system here doesn't include any software, extra fans, monitor, keyboard, etc. Just the server itself. The price is low enough where you could easily add some serious quality without it breaking the budget.