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FWIW, I have one too. I used a gaming rig (i7 3770K @4.9G, 16G RAM, SSD for OS, Asus ROG Formula V on a custom water loop, 1000w psu) and got an IBM Raid card with 512mb + battery that support 8 SATA HDs; and water-cooled that sucker as well. 8x 2TB Hitachi Ultratstar HDs (those are enterprise class). Yes, very geeky and specific.
I was looking for Bluray quality on streamed media and the only one that came close to the same was using MKV + the highest audio track. Each movie gets around 25Gig and streaming is about 20mbps. I have some friends and family that we share servers by means of Site-to-Site VPNs and SSL VPN to each house so we can stream HiDef securely to mobile devices outside their homes. The server can keep up like a champ no matter what I throw at it, my problem is the upload speed from my ISP. I will be getting fiber soon and the problem will be solved.
But after everything said and done, the disk still some "magic" that makes it looks a hair better. Tried using hand break but MKV is the best for quality.
If you are looking for a budget setup, change the file format to mp4-mv4 so the unit that will receive the stream can just be direct feed and not transcoded. CPU will dictate who much you can transcode and how many simultaneous streams can do. Also the quality of audio and video you want to get will play a role if you want to stream local or external. In my case I'm using SSLVPN and can get great quality DVD type, that max about 8mbps so does not get weird jumping from cell tower to cell tower. Probably after the fiber upgrade at my home can do full BD resolution externally.
Hope helps
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