wheel - 1:30 pm on Dec 5, 2010 (gmt 0)
Seriously, I would love to host it locally. Our best effort at bringing it in house worked out to about $25,000 a year for reliable internet. That about $1.5k a month for a quality fiber feed, and about $1k a month for a backup provider. That is before any hardware.
Only until you've done it.
I had them dig up the street to pull fiber in to an office and all that stuff, ran my own little server farm for a year or two. Never, ever again.
The costs are exhorbitant, and it's a crazy business decision to pay the costs when you can call any one of hundreds of companies that have multi-honed fibre, and the power backups and the air conditioning already installed. There simply is no way you can duplicate what's available in a pro data site at any sort of sane cost. You'll end up with far more costs, and still not have as good a structure as what you can get elsewhere.
And as bill noted, when stuff goes wrong,and it does, you're now back to 24/7-365. DDOS, hard drive failure, router issues, on and on. Go on vacation for a week? Start worrying about hardware again.
I thought doing this would give me additional control. All it did was drain me for 10's of thousands and cause me grief.
Why worry about hardware. Stick to running forums, leave the hardware to the hardware experts. They've got volume of scale and an interest.
But yes, the server is working fine, other than last night when the directory was exposed. I trust you've turned that off :).