hosting - Hardware configuration for large scale ASP.NET web application

I have an ASP.NET application that will be hosted on Windows Server 2003. Below is the average traffic estimate that the site will be having.

• Unique page views - around 150,000 per day


• Number of visitors - around 30,000 per day

Current hardware of the machine:

• Windows server 2003, standard edition - Service Pack2


• Intel X3330 - 2.66 GHz


• 2GB RAM

Will this hardware be able to handle this much traffic. If not what will be an ideal combination to scale the site?

Thanks,