I'm not sure its really a "server" in the way you're thinking. It looks more like a USB storage device to me.
Even if you flout your ISP's server policy, there's still DHCP to contend with (changing IPs).
Now, granted, there are probably some systems that have issues with this, and maybe I do have failed deliveries I didn't notice, but you did say no email will deliver at all.
(I had to dig around in the BOM to find out that detail..)