Microsoft is readying a first public beta of a new Web server, known as IIS Express. The IIS Express release "combines the use of the Microsoft ASP.Net Web Server with the full power of IIS," which is ...

Absolutely. In fact, I believe that in W2K, it needs IIS and will install it if its not already there (not true in .NET BTW). When installing certsvcs, it will create the certsrv virtual directory ...