There are more things I think you should consider.
To answer your question, I HAVE used the transition pack and can tell you it is not worth the effort. You are better off buying new hardware and full licenses. Then create everything fresh and use ExMerge to move your mailbox data. The transition pack give nothing but heartburn and ulcers.
Second I want to reinforce what Lee was saying. You won't be gaining anything in the way of redundancy with Exchange unless you go with clustered hardware to allow for true failover. This tends to be so difficult to set up that the EBS team took it off the table for their solution.
There are many kinds of backups you can consider. My full time employer leases backup units to customers that are amazing. They take 15 minute snapshots of servers and have the ability to virtualize servers. So when it comes to redundancy, we offer customers the ability to have a server die and appear back online in about 20 minutes. Plus we archive data offline to two physically separate data centers (AZ and MD). Cool stuff!
If your whole desire to move is because the hardware of your SBS is old, then replace it with new and more robust hardware. We typically order new systems with RAID 1 for the OS and RAID 5 for the data partitions. And my company does hardware independent restores all the time which saves many hours of work. You should be able to find a Microsoft Certified Partner in your area that offers similar services.
If you want to minimize what your SBS server is doing, then move file and print off of it and take CompanyWeb off of it too.
I hope you find this post helpful.
Regards,
Mark
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