Thanks Ven, looks like Standard 2008 does the same.
http://www.microsoft.com/sqlserver/2008/en/us/editions-compare.aspx
Coming in at approx $5000/ea processor license. For kicks, estimate this project would cost:
2 x Servers @ $7000
1 x SAN @ $10000
2 x Switches @ 2500
2 x MSSQL Proc Lic @ 5000
----
$39,000