Shouldn't be much more than $150,000 for the server. If you build the FR data center with clustering you could go well over a million, and that's just for the servers. Throw in the OC48 Internet connection and you're looking at another $75,000 a month. If you buy one of the special packages where your long distance and local service from the phone company are included you could get a $15 discount.
The most difficult part of this could be your wife. You may have to get another one of those as a replacement once the implementation is done and the monthly bills start coming in the mail.