I was looking into spending about $40 upgrading my old ancient PC to a quad core CPU and converting it into a home server.
I thought FreeNAS was somewhat directed at the home user market, but it seems the developer's stance is that it's for "serious hardware only" and 8GB of RAM is considered the absolute minimum. The motherboard supports that much but it's a budget "one size fits all" board and if they're being that picky about specs and chipsets I'm not sure how well it would work out.
Doing some research, I learned about OpenMediaVault which supports several plugins that I would be interested in, so I guess that's my current fall back option.
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