Win TS comes with Win2k server. You add it from Cntl Panel/Add-Remove Programs/Add-Remove windows components. You will be required to register (via internet) the Win2K TS Server at some point. Don't know it there's a charge for this.
You run WinTS in two modes, application & remote admin, but no both. You're probably going to run in application mode. Each of your clients will log into the Server with a thin client app (you generate the install disk from Admin. Tools) or you can download TSWebsetup.zip from Microsft, install it on your Server, & your clients can access the server thru intranet/internet in Internet Explorer.
Your clients will not be accessing your Novell stuff directly, but will be able to access Novell thru mapped network drives that you will setup on the TS Server.
In Win2K, clients are limited to 256 color displays out of the box. You can get some patches from the MS site that will upade RDP 5.0 to 5.1, & that will give you higher color for clients.
WatchRAM utilization, as each client that logs into the server spawns a separate instance of the apps that the client is running, this can make you short on RAM if you're planning for many TS Clients. These processes don't show up in the Task Manager, but can be viewed in a separate app that's installed to Admin. Tools when you install TS.