Server build

I'm looking to build a server for a music studio. It must be Quiet and will be running 24/7.
The total cost for the listed parts is $566. I was hoping to get the price down to the $450 range tho. I don't want to sacrifice reliability tho.
Any ideas?

Antec EarthWatts EA-500D Green 500W ATX12V v2.3 / EPS12V 80 PLUS BRONZE Certified Active PFC Power Supply
Model #:EA-500D Green
$89.99 -$20.00 Instant $69.99

Antec Solo Black/Silver Steel ATX Mid Tower Computer Case
Model #:Solo
Item #:N82E16811129018
$99.99 -$5.00 Instant $94.99

ASUS P5BV-C LGA 775 Intel 3200 ATX Intel Xeon Server Motherboard
Model #: P5BV-C
Item #:N82E16813131242
$159.99 $159.99

Intel Xeon E3110 Wolfdale 3.0GHz LGA 775 65W Dual-Core Processor BX80570E3110
Model #:BX80570E3110
$194.45 $194.45

Kingston 2GB (2 x 1GB) 240-Pin DDR2 SDRAM DDR2 800 (PC2 6400) ECC Unbuffered Dual Channel Kit Server Memory Model KVR800D2E5K2/2G
Model #:KVR800D2E5K2/2G
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  1. An AMD Sever CPU would do good in this budget range.
  2. yeah, I should look at the AMD based system. Thanks for bringing that up. The guy I'm building this for is a intel follower but also doesn't want to spend the $$. I hadn't wanted to get into the intel vs amd discussion but it seems inevitable.

    I've got a nice AMD rig I just built & he knows I haven't had a problem with it.
    Thanks for the suggestion.
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