When setting up your DHCP server, pay attention to the lease time
The client can ask for a long lease, but many clients don't, and simply take whichever lease they're given. Most DHCP servers allow you to set two different lease times - the maximum length of a lease the server will grant, and the length of lease the server offers if the client doesn't request a specific time. It's possible to overlook this and set only the maximum time. In addition, the default lease time is often very short - less than an hour in many cases.
This is A Bad Thing, as it conflicts with power management. Every time the lease expires, the computer will request a new lease, and upon receiving a response will write it to the disk. This leads to the hard disk spinning up and down every time the lease expires, even though the computer is otherwise doing nothing. If the lease time is shorter than the spin-down delay, the drive will never spin down at all. If the hard disk cannot spin down, it will run hotter, and use more power. If the drive has to constantly spin up and down, the spindle motor may wear out earlier than expected.
Long lease times can lead to problems - if enough computers take out a lease, and fail to release it, the server may run out of IP addresses to lease. The longer the lease, the longer the server must wait before it can expire the unrelease lease and hand out the IP address again.
However, if a client request a lease, fails to release it and then requests another lease, many servers will release the older lease, meaning that a single client can only ever use one lease. In order to run out of IP addresses on such a server, there would have to be a high turnover of MAC addresses, for instance if there were many laptops coming and going. In a wired network with few roaming laptops, there's nothing wrong with offering leases of a week or longer.
There are 33 million available private IP addresses. Even in a class C address block, there are 254 addresses. If you're administrating a network with more than a hundred machines, you'd better know enough about DHCP that you can ignore this writeup. Unless you're dealing with an enterprise network, or are using public IP addresses, there's no chance you'll run out of IP addresses for the DHCP server to give out. It's far better to reserve more IP addresses than to have hard disks wear out earlier and drive up your energy bills.