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IF there are WindowsServer2003 drivers available for the mobo devices, it certainly should. It clearly exceed the minimums.
Was wondering where you found the Minimum Requirements was searching for them for 3 days before posting here
The Getting Started Guide has a pretty good description of minimum and recommended hardware specs:
http://download.microsoft.com/download/9/c/0/9c0ef09a-585f-4e20-a605-9f225cc11721/WHS_GettingStarted.pdf