Can you combine your Home Theater PC with your Home Server on the same box?

Can you combine your Home Theater PC with your Home Server on the same box? A HTPC and a Home Server seem to have a lot of overlap. Both are designed to be on (or on standby) all of the time. Both have modest CPU requirements but should have large storage capacities. Has anyone put Windows Media Center and Windows Home Server software on the same machine?
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Guest [Entry]

"For me personally I actually try to separate those functions as much as possible. I want a home theater pc to have as few responsibilities as possible (the most important being streaming video and recording video if I have a tuner installed), and I want my server to be the storage area, which will allow me to access all that data from multiple areas.

The reason I want an HTPC to do as little as possible is primarily because I do not want it to be a distraction in my living room (noise, flashing lights, etc.)."