I second the query. I'll be moving ahead on this probably in the next few weeks. I'm toying with either OpenFiler or FreeNAS.
FreeNAS: very small, compact, fast, but very limited (one share - basically like a USB disk on the network). Can run off a small compactflash card. The Mini solution. Free.
OpenFiler: very large, complex, complete (many shares, many users, many ways to access the data - webav, ftp, NFS, iSCSI/NAS, etc.). Needs its own separate 3Gbyte+ disk to boot off, though people have had some luck booting from 4Gbyte compactflash cards. Just keep plugging in new disks and extend logical volumes as needed. The Rolls Royce solution. Free.
SME: more geared towards mail and other services than pure storage. Does its job well, but when you run out of storage, it's not easy to just plug another disk in and extend logical disks. The Estate/family car solution. Free.
All do RAID, and no matter which one you start with, moving your data to another would not be hard. All great choices for their niches.
-- JJ