My old core 2 Duo Dell XP desktop is essentially a server now running Windows 7. I found it's faster with W7 than XP, so that's not something to worry about.
My intent was always to put some kind of Linux on there; if Linux ought to be able to do one thing well it's working as a server, sharing files, running VMs and managing user accounts etc. etc., and the price is right. But I've never been able to find a sensible solution, because the Linux world doesn't understand that some people aren't interested in setting up computers as a hobby. Linux probably would be the way, but expect to waste lots of time experimenting with different distros (because nobody will tell you what the differences are), and endlessly googling to find the incomprehensible command lines necessary to set simple things up.
My intent was always to put some kind of Linux on there; if Linux ought to be able to do one thing well it's working as a server, sharing files, running VMs and managing user accounts etc. etc., and the price is right. But I've never been able to find a sensible solution, because the Linux world doesn't understand that some people aren't interested in setting up computers as a hobby. Linux probably would be the way, but expect to waste lots of time experimenting with different distros (because nobody will tell you what the differences are), and endlessly googling to find the incomprehensible command lines necessary to set simple things up.
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