Windows Server 2003 was based on Windows XP and was released in four editions: Web, Standard, Enterprise and Datacenter. It also had derivative versions for clusters, storage and Microsoft’s Small Business Server. Important upgrades included integrating Internet Information Services (IIS), improvements to Active Directory (AD) and Group Policy (GP), and the migration to Automated System Recovery (ASR).
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In most cases, it takes about 5 minutes to be able to edit the list item after an initial edit. According to one user, there was an instance where it took nearly an hour. I can not substantiate that claim.
My current topology is one SharePoint 2007 web front end that also runs some shared services and a back end SQL 2005 server which has SAN attached storage.