Large project set up Advice please

Hello,

Myself and another editor are about to take on a very large project. We are editing on PPRO CS3, we will be loading up to 80 Sony XDCAM disks (MXF), along with other formats (most DV). We will be completing about 80 short videos for a DVD set of instructional videos.

We would like to go into this as prepared as possible. But this is larger than the typical corporate videos we are accustomed to. Typically we work off of external harddrives that we buy at costco (USB2.0 or Firewire400), and all of our assets, project files, etc are located on one drive. However, now that we will be working with potentially TBs of footage, i think we need a better system to be able to media share between our 2 (10 feet apart) work stations. I wondered if it were possible to connect both PCs to mutual 1TB drives without running into bandwidth issues, etc. Or should we look at an affordable local-server of some sort?

Please advise if you have experience with similar projects. And also, any other advice on issues we may not have considered is greatly appreciated!

Thanks!

-Derek