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Really does not make much sense IMO. There are far better options for the money for a small network server.
But for the all apple users out there it is a decent little box at a price much cheaper than any of their other "servers".
Like what? Most of the better options end up costing more. I do agree you have better options, just not for that price.
Could be used as a file server, print server, media server, back-up server for multiple computers. Dont really see much use for it past that... More than likely I would stick it in my bookcase where I want to house my GigE network stuff and have it so that everyone can connect to it for files, pictures, music, movies, etc.
Like what? Most of the better options end up costing more. I do agree you have better options, just not for that price.
The issue is drives IMO. There is barely any room for upgrading the drives unless you go external.
It is priorities and usage though, if you want a file server, make a cheap machine that can have lots of drives...it will be cheaper overall. If you want a media server, same thing. If you want a server just for running web applications, print serving, being a media frontend, etc. it might be good though.