Performance
Windows Server 2008 ships with an overhauled TCP/IP stack and a new version of its SMB file-sharing service, which together can deliver significant performance gains in file-sharing scenarios, specifically over high-latency connections.
Unlike previous versions of Windows Server, which bound network adapters to a single processor, Windows Server 2008 is able to spread the processing load for incoming network traffic across multiple processors.
Another enhancement to Windows Server's TCP/IP stack is the Receive Window Auto Tuning feature, which determines the optimal amount of data to be sent over a connection at once by measuring the latency of the connection. On low-latency links, larger amounts of data can be sent efficiently at one time, but as connection latency grows, Windows Server sends less data per transmission window.
In previous versions of Windows, administrators could adjust this setting themselves by manipulating registry values. However, Windows Server 2008's ability to automatically adjust these values will make this optimization available to a broader range of sites.
Microsoft's SMB (Server Message Block) 2.0 file services protocol boosts performance over high-latency links by reducing the “chattiness” of the protocol. Rather than wait for receipt acknowledgments before sending more data, SMB 2.0 supports sending multiple SMB commands per packet. This more parallel method of operation can deliver substantial speedups that grow more dramatic as connection latency lengthens.
SMB 2.0 requires Windows Server 2008 or Windows Vista on both ends of the connection; otherwise, Windows Server 2008 or Vista will negotiate down to SMB 1.0.
Management
One of the most immediately recognizable new features of Windows Server 2008 is the Server Manager, which is an expansion of the "Configure my server" dialog that launches by default on Windows Server 2003 machines. However, rather than serve only as a starting point to configuring new roles, the new Server Manager gathers together pretty much all of the operations you'd want to conduct on your server.
Virtualization
One of the most promising new features of Windows Server 2008 is its support for hypervisor-based virtualization. The feature, which Microsoft calls Hyper-V, enables administrators to host x86 or x86-64 operating systems on Windows Server, and compares well to VMware's ESX Server and Citrix's XenEnterprise virtualization products.
Microsoft has designated the version of Hyper-V that ships with Windows Server 2008 as a preview edition, with a final release promised within six months.
In addition to the new work that Microsoft has done around server virtualization, Windows Server 2008 ships with noteworthy improvements to what Microsoft has taken to calling presentation virtualization - better known as "Terminal Services".
One of the Terminal Services enhancements, which Microsoft calls RemoteApp, enables administrators to publish individual applications, as opposed to remote desktop sessions.
IIS 7.0
The modular design exhibited in Windows Server 2008's stripped-down core configuration carries over to Microsoft's Web server, IIS 7.0, which consists of more than 40 separate modules that administrators can install as needed. This modularity helps limit IIS 7.0's attack surface and keeps patching requirements as low as possible.
Also noteworthy in IIS 7.0 is the server's move to XML-based text files for configuration, which can help simplify configuration tasks and broaden the sorts of tools that administrators can use to manage their configuration settings.