Calling All Nerds and Geeks!! Y'all up for a challenge?!

I'm currently studying on the SUS on the server exam and am running into problem setting up a lab to test.
I have currently setup my lab on my laptop with server 2003 and virtual XP on it, and is connected to an active hub. This setup has served me well for the xp exam and throughout this server exam study but now I need Internet access for the server 2003 to test SUS.
At home, I'm using an D-Link DI-524 router with 2 active hubs connected to it with my brother and I each using the 2 hubs. How do I go about configuring the router so that I could have my 2003 server get Internet access and still be able to maintain a static IP? In other word, my router is handling the Dynamic IP from the cable modem, and my laptop is using static IP for the server 2003. How should they be configured?