Your hardware failure experience

Anybody had hardware failure experience with server built from generic PC equipments?

I'm building a cheap PC for co-location. It has IDE harddrive , $30 no-brand Case (with powersupply) , $60 generic mobo , old 10Mbps 3com NIC and sdram no buffered. It is up in the budget of $300.

My friends said I can't use them for 24 hours operation or the IDE harddrive and cheap Powersupply will fail in no longer than a few months. Is this true ? Should I upgrade to an expensive Enermax Powersupply, ECC, Tyan/Supermicro mobo , or even SCSI harddrive ? Is the new 10/100 3com NIC faster than an old 10 Mbps NIC on normal operation (1-2 Mbps request) ?

 

 

 

 

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