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It can't run Apache yet, but it can run the TinyWeb server as done by someone in this thread on the forums http://www.reactos.org/forum/viewtopic.php?t=2062 which is promising. But as ReactOS is getting better everyday it should be able to run Apache soon.
Aren't you supposed to run IIS on it ;-) ?
Well, could you run IIS on .3 of windows? =]