Mamta Chawla has some rules of thumb for sizing your Hadoop name node:
Both name node servers should have highly reliable storage for their namespace storage and edit-log journaling. That’s why — contrary to the recommended JBOD for data nodes — RAID is recommended for name nodes.
Master servers should have at least four redundant storage volumes — some local and some networked — but each can be relatively small (typically 1TB).
It is easy to determine the memory needed for both name node and secondary name node. The memory needed by name node to manage the HDFS cluster metadata in memory and the memory needed for the OS must be added together. Typically, the memory needed by the secondary name node should be identical to the name node.
Click through for some specific recommendations.