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 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 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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