Workgroup VS Home Server 2008

EvolutionZero

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So basically I need a little clarification. I want the know differences between homegroup networking on windows 7 ultimate VS Windows server 2008. I have two computers at home running xp and the other running windows 7. They are both on my homegroup so we can all transfer files. What I want to do is I want to install a 500gb HDD on one of the computers and make the drive our media source. I want to install home server on a partition on my primary computer if I go that route. But is that worth it?
 

My Computer

Computer Manufacturer/Model Number
Acer
OS
Windows 7 Ultimate x64
CPU
Q8300 @ 2.5Ghz
Motherboard
Acer Stock
Memory
8GB DDR2
Graphics Card(s)
ATI Radeon HD 4850 (1GB)
Keyboard
Logitech G15
Mouse
Logitech G9X
So basically I need a little clarification. I want the know differences between homegroup networking on windows 7 ultimate VS Windows server 2008. I have two computers at home running xp and the other running windows 7. They are both on my homegroup so we can all transfer files. What I want to do is I want to install a 500gb HDD on one of the computers and make the drive our media source. I want to install home server on a partition on my primary computer if I go that route. But is that worth it?

Homegroup allows for sharing, server allows for sharing and having more than one user open the same file.
 

My Computer

Computer Manufacturer/Model Number
HP Pavillion dv-7 1005 Tx
OS
Win 8 Release candidate 8400
CPU
[email protected]
Memory
4 gigs
Graphics Card(s)
Nvidia 9600M
Sound Card
HD built-in
Monitor(s) Displays
17" Wxga
Screen Resolution
1440x900
Cooling
none
Internet Speed
45Mb down 5Mb up
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