UPDATE If you you are using SQL 2012 new syntax was added to make this really easy. See Implement paging (skip / take) functionality with this query
I guess the most elegant is to use the ROW_NUMBER function (available from MS SQL Server 2005):
WITH NumberedMyTable AS
(
SELECT
Id,
Value,
ROW_NUMBER() OVER (ORDER BY Id) AS RowNumber
FROM
MyTable
)
SELECT
Id,
Value
FROM
NumberedMyTable
WHERE
RowNumber BETWEEN @From AND @To