I currently have a p3 600 w/256MB ram that is a fileserver/bittorrent client/home ftp server. I have 4 drives in it totaling a whopping 120GB (it's all older drives that were spare). My biggest bottleneck is bandwidth, I max out my 10/100 switch at 8-9MB/s.
I've not used gigabit myself, but firewire transfers at 400Mb/s which is less than half the speed of gigabit. In theory, your transfer over gigabit would be faster, but it depends on hd rpm, hd cache, cpu load, ram, bus speed, etc of the fileserver.
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Patterns have a habit of repeating themselves.
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