Nagios is a good free solution and is linux based. I dont remember if it can monitor services or not but can monitor your HDs and availability.
http://www.nagios.org/
If that isn't what your looking for you can also give Operations Manager from the System Center Suite from MS. This is an extremely useful tool that can even form a database of inventory and data.
http://www.microsoft.com/s
Personally I used both and it works out very well for me. Both are notification capable.
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by: dnilsonPosted on 2009-09-11 at 16:15:58ID: 25314241
Try Active Experts nework monitor.
Does al lof the above, tests an WMI parameters, SNMP, certain event log events (programmable) does alerts, etc.
Fully customizable
http://www.activexperts.co m/