search the forums for KVM or just search for "pc in another room" or something, but be forewarned anything farther away than say 10 feet gets really really expensive, particularly the DVI cable part of it.
two parts would most likely simply mean having an external cd-rom with your monitor/keyboard if you need one. what would be all-around easiest (and best imho) though if you were planning on having lots of space, is just to build a normal PC, use a laptop drive or something else really quiet for a boot drive. then put together another machine from spare/old/cheap parts and fill it with drives and put it in the basement on gigE.
or rather, depends what you meant by half and half - easy to share drives, much harder to share/use anything else over distance (cheaply at least).