No one mentioned having a good UPS yet. This is essential to ANY server setup. Redundancy can only be built-in to a point. You can easily go overboard with us...dual NICs, dual everything...but in the event of a power loss you ain't doin' squat without a UPS. Your boss will most likely squirm as he sees the price for a good one, but the investment will far exceed the loss you risk by not having one. RAID is an outanding idea, as are redundant power supplies. But do you also install redundant switches?? Like I said, you can easily go overboard. What you end up with will depend a lot on the quality of the equipment you buy and on how many of those $$$ the company is willing to put out. I worked for one firm who actually went so far as to have not one but THREE T1 lines....all on separate physical lines....the reason? You never know when a line may be cut and they NEVER wanted to lose communication. They didn't care about the cost of two full T1 lines sitting at idle, but they wouldn't buy me a decent tape backup.
When making the case for redundancy make sure you do just that...make the case. My experience is that a lot of companies don't understand until it's too late. And by the time something happens it's usually a lot of finger pointing. If you argue that you asked for all of this earlier no one may care.
Okay, so I sound a little jaded....forgive me.