Answer
ArcGIS Server for the Microsoft .NET Framework 9.2, ArcGIS Server for the Java Platform 9.2 and ArcIMS 9.2 are currently supported on the Service Pack 2 release of Microsoft Windows Server 2003.
Prior to ArcGIS 9.2 Service Pack 3, ArcGIS Server for the Java Platform exhibited some map rendering anomalies when the Windows Server 2003 SP2 was applied. This occurred in Manager when previewing a service and also when displaying a map in a Web mapping application. This issue has been addressed in ArcGIS 9.2 Service Pack 3. Refer to the link below for the most current information regarding service packs.