I have a student copy of Windows Server 2008 RC2 from last year at school. I am not a student any longer. The computer that I used to run that on for class has been dismantled and spread across multiple machines in my household. The hard drive it was on has been wiped and reused for another purpose. Is it legal for me to put it on a new machine in my home for personal use? Would I need to buy client licenses?
While you should read the actual license to know the answer for sure, I would think that it is not a licensed use to use it for that purpose now that you are no longer a student. My suggestion would be to spend the $150 to join TechNet and get free access to a vast array of Microsoft products and information. If you look around Google, there are discount codes that will save you a few bucks on the subscription.