Hardware question for a DB server

Hello, we plan to buy a dedicated server to host our database.
Here is the proposal I was given (with a second identical server fro
backup using log shipping):
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IBM X3650 (This is a 2U server, can hold 8 Drives)
2 x QC Xeon E5450 (3.0GHz 12MB L2 1333MHz 80W)
8 x 2GB RAM (16GB total)
2.5" SAS Hotswap
ServeRAID-8K SAS Controller
8 x 73GB 15K 2.5" SAS Drive
CD/DVD Drive
Remote Supervisor Adapter II Slimline
Redundant Power
4 Year, 24x7 2hour support/warranty

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I would like specialists advices.

If you need additional details, please let me know.

Thanks in advance for your help

Thank you

Pascal