You'll probably never recover your initial expenditure of $600. However, depending on other specs, getting a G7 for that price is probably not too bad. You can possibly resell it for more than that in the future (on eBay) when you're done mining with it.
How much power consumption at 100% load? I hope your running it at work where that doesn't matter. Also, noise.
Solo or pool depends on how long you can wait between payouts. I'd probably just aim for solo.
Although the number of cores sounds impressive, like many people here who've gotten high-core opterons you may be disappointed with the overall performance.
At 100% load what is your chainsperday in HP11? From there you can estimate how much coin it will generate and how quickly it'll start paying itself off.