Just so I'm clear - Terminal Server is now called Multipoint Server, correct?
Terminal Services (or better known as Remote Desktop Services, nowadays) is a role you can install on top of a standard Windows Server (2008,2008R2, 2012, etc.) That role requires some additional configuration but not that much.
Multipoint is basically a preconfigured terminal server. It also has lots of additional features for the same price. The downside is that it's capped at 20 users in Premium. (In Standard, it's 10). It was originally designed for academic environments, but it has a pretty good application in the small business world. Another upside is that it integrates with SBS Essentials. It's managed by a simple dashboard like SBS 2011 Essentials and can even be backed up by it. (All premium features). The premium multipoint cost the same as Server 2012/2008R2. I think the CALs are about 20 bucks cheaper. There is less configuration and management involved for the same price too.
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