Evan,
>Do you think I can do all the testing while running IIS and SQL Server on my local development desktop machine (NT4 Workstation) and then move stuff up to production NT server?
One other thought... I just noticed NT4 Workstation, which means you won't be running IIS, but rather PWS. Should work pretty much the same, but there can be little differences. I have run development on Win98 with PWS successfully, so I think you'll pretty much be OK, although configuration of the Web Server is done with a different interface.