Setting up Server for Minecraft on my local machine to play multiplayer

I operate Minecraft on my local machine which runs Windows 7 home (32bit) and it works fine.  I understand that I can host this game for me and others on my local machine but need to set up a server.  What does this mean and how can I go about it?
ddefreitasAsked:
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☠ MASQ ☠Commented:
How many players?
How much memory do you have and what is the spec of the computer you are planning to use as server?
Are they inside your network or do you want players to connect over the Net?

Ideally you should host on one PC and play on another, the host needs plenty of memory free

Start by reading this.  Although it recommends buying hosting space it also takes you through the basics
http://freeminecraftmods.com/tutorials/how-to-host-a-minecraft-server/

Without knowing your networking knowledge level it's difficult to know what level to start at so read the article and then get back with any questions
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ddefreitasAuthor Commented:
I was thinking about 2-3 players, the computer I was planing on using has 2.5gb of memory an AMD athlon 64 processor 3500 + 2.20 GHz. The players and they would be outside my network.
I tried the instructions on the link you sent me and it worked but then started saying did system time change or has the server overloaded.
Also i started off using  this vidio to help and wondered if it was any good?
http://www.youtube.com/watch?v=xBbHV7rwOOY
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☠ MASQ ☠Commented:
Server is have trouble coping with the game connections, probably it's Java that's using up your resource.  Are you using a modified server package or any plug-ins?
Are you playing on the server or connecting from another machine?
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ddefreitasAuthor Commented:
Thanks for steering me in the right direction.  The problem was the amount of RAM the server was allocated default is 2 to 3 GB but needed to be reduced to range of 0.5 to 1 GB and now seems to run perfectly (with the tekkit plugins)
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☠ MASQ ☠Commented:
Thanks for the response :)
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