tickleonthetum,
Proper FSMO role placement basically boils down to a few simple rules, tips, and exceptions:

Rule 1: The PDC Emulator and RID Master roles should be on the same machine because the PDC Emulator is a large consumer of RIDs.
Tip: Since the PDC Emulator is the role that does the most work by far of any FSMO role, if the machine holding the PDC Emulator role is heavily utilized then move this role and the RID Master role to a different DC, preferable not a global catalog server (GC) since those are often heavily used also.
Rule 2: The Infrastructure Master should not be placed on a GC.
Tip: Make sure the Infrastructure Master has a GC in the same site as a direct replication partner.
Exception 1: It's OK to put the Infrastructure Master on a GC if your forest has only one domain.
Exception 2: It's OK to put the Infrastructure Master on a GC if every DC in your forest has the GC.
Rule 3: For simpler management, the Schema Master and Domain Naming Master can be on the same machine, which should also be a GC.
Exception: If you've raised your forest functional level to Windows Server 2003, the Domain Naming Master doesn't need to be on a GC, but it should at least be a direct replication partner with a GC in the same site.
Rule 4: Proactively check from time to time to confirm that all FSMO roles are available or write a script to do this automatically.
Tip: If any FSMO role holders at a remote site are unavailable, check first to see if your WAN link is down.

Reference http://www.windowsdevcenter.com/pub/a/windows/2004/06/15/fsmo.html


PeteLong