Here something I may be doing in the near future.

• Install the Application Server (IIS) role on your Windows Server 2003 system.
• Install the Mail server (POP3, SMTP) role on your system.
• Download and install the Microsoft .NET Framework 3.0.
• Verify that ASP.NET v2.0.50727 is allowed by opening the Internet Services Manager, choosing Web Services Extensions, choosing ASP .NET v2.0.50727, and clicking the Allow button.
• Download Windows SharePoint Services 3.0 from Microsoft. Don’t install Windows SharePoint Services through Add/Remove Programs, because this is not the latest version of the service.
• Execute the downloaded file named SharePoint.exe. When asked, choose a Basic installation. The Basic installation also includes a run-time database.
• Windows SharePoint Services 3.0 will install using the default configuration.
• The Windows SharePoint Services configuration wizard will run. This step, among other things, creates a SharePoint configuration database, installs services, and creates sample data. To utilize your new SharePoint site, open a Web browser and browse to your server’s name.