Can Sql Server 2005 Standard be used in a production enviroment?

I was wondering what was the limitations of Sql Server 2005 standard w/ 1 cal
This is the version that is given out at the launch events.
We are currently developing a site, that will use Sql Databases and was wondering if the version we have now will work.
Like we know for a fact that the site will recieve a decent amount of traffic. Is standard limited to certain kind of sites and so forth?
Thanks,
CedricThe answer is yes, you can see a comparison chart of features here...http://www.microsoft.com/sql/prodinfo/features/compare-features.mspx