Can I recycle my ´03 Terminal server CALS?

Hi everyone,
I have got a trial with SBS2011, however, to keep initial CAPEX to the lowest possible mark I am going to re-use a W2k3 server license with the twenty Terminal server CALS it is at all possible
If needed I know I can install extra servers into an SBS2011 domain. I need to know if it’s possible to install W2K3 server onto this domain or are extra servers needed as W2K8 R2? If this is the case can I recycle my ´03 Terminal server CALS?
In an ideal world I would only need the T to be on W2K3 and really don´t want to have to purchase W2K8 license as well as W2k8 TS CALS.
Cheers in advance.
