ok, lets look at it from a different point of view, just exactly how busy will this server/database be? as you might find just two disks, especially R1 might not be able to cope with the load
Just for an example with an existing client
sbs 2008 premium, single server, Server 2008, Exchange 2007 & SQL 2008 Standard
Running on a box with a single quad, 16gb ram and 2x146gb 15k SAS R1 for the OS and transaction logs for SQL and then 4x146GB 15K SAS R10 for the Exchange & SQL DB
It runs it fine, however they wanted to add Sage on the server, just for their company data and only four users would access it and it was too slow.
so will a box with two disks, OS, IIS and SQL running be quick enough for your needs?