System Clock and Hardware Clock

[plug-discuss@lists.PLUG.phoenix.az.us]

With regards to an internet server, what should you set your system 
clock (local time) and hardware clock (bios or RTC) to?

  I'm currently working on a web site which has logins and records login 
times in the db. I feel both the db and internet server should be set to 
UTC since that would be void of timezones and would be the most accurate.

Any comments would be appreciated!

Chris